On the evening of March 28, the 2021 annual report released by Angel Yeast (600298, SH), a leading company in the yeast segment, showed that the net profit attributable to shareholders of listed companies last year was 1.309 billion yuan, a year-on-year decrease of 4.59%.
This is the first time since 2014 that Angel Yeast has experienced a decline in annual net profit in the past eight years. On March 29, Gao Lu, the representative of Angel Yeast Securities, said in an interview with a reporter from “Daily Economic News” that the decline in net profit in 2021 is mainly due to the rise in prices of molasses and other raw materials, as well as the relatively high base of the company’s net profit in 2020. .
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