On the evening of March 10, Bloomage Bio (688363.SH) released its 2021 annual report, with both revenue and net profit hitting a new high, achieving high-quality growth. During the reporting period, the company’s operating income increased by 87.93% to 4.948 billion yuan, and the net profit attributable to shareholders of the listed company was 782 million yuan, a year-on-year increase of 21.13%.
It is worth noting that during the reporting period, the net cash flow generated by the company’s operating activities reached 1.276 billion yuan, a year-on-year increase of 80.97%, confirming the good development trend of the company.
Bloomage Bio has four major business segments: bioactive raw materials, medical terminal products, functional skin care products and functional foods. According to the annual report, the operating income increased by 87.93% year-on-year. The main reason is that the company will continue to increase market development efforts based on its main business sector in 2021, and continue to launch market-demanding products. The sales revenue of functional skin care products increased by 1.973 billion yuan over the previous year. The growth rate reached 146.57%. The sales revenue of raw material products and medical terminal products also maintained continuous growth, with year-on-year growth of 28.62% and 21.54% respectively. The new business functional food also got off to a good start.
As a world-renowned biotechnology company and bioactive material company, Bloomage Bio is committed to improving the quality of life and prolonging the length of life. For more than 20 years, Bloomage Bio has always adhered to basic research and applied basic research, followed the corporate development logic of “science->technology->product->brand”, and continued to provide high-quality life based on biotechnology and bioactive materials. Health consumer goods bring consumers a healthy, beautiful and happy life experience.
According to the annual report, in the future, Bloomage Bio will adhere to the innovative development law of scientific discovery, technological invention, industrial development and ecological optimization. The results are quickly transformed into industrialization, fully empowering the development of the industry, and embarking on a high-quality development path with the characteristics of scientific and technological innovation.Return to Sohu, see more
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