Home » The production and sales of high-end wine have steadily improved, and the revenue and net profit of Laobaigan wine in 2021 will show double-digit growth_Product_YoY Growth_Gross Margin

The production and sales of high-end wine have steadily improved, and the revenue and net profit of Laobaigan wine in 2021 will show double-digit growth_Product_YoY Growth_Gross Margin

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Original title: The production and sales of high-end wine have steadily increased, and the revenue and net profit of Laobaigan wine in 2021 will show double-digit growth

Beijing Business Daily (Reporter Zhao commented on Wang Ao) On April 28, Hebei Hengshui Laobaigan Liquor Co., Ltd. (hereinafter referred to as “Laobaigan Liquor”) released its 2021 annual report. The report shows that in 2021, Laobaiganjiu will achieve an operating income of about 4.03 billion yuan, a year-on-year increase of about 11.9%; the net profit attributable to shareholders of listed companies is about 390 million yuan, a year-on-year increase of about 24.5%.

A reporter from Beijing Business Daily learned that among the main business products of Laobaigan wine, Hengshui Laobaigan series, Bancheng Shaoguo series, Wenwang tribute series, Kongfujia series and Wuling series achieved revenue of about 2.11 billion yuan and 600 million yuan respectively. yuan, 340 million yuan, 180 million yuan, and 540 million yuan, a year-on-year increase of about 4.7%, 17.9%, 13.8%, 19.5%, and 18.8%. Among them, the gross profit rate of Hengshui Laobaigan series increased by 2.6 percentage points compared with the previous year, and the gross profit rate of Wenwang Gong series liquor increased by 7.29 percentage points compared with the previous year.

In addition, according to the product price segment, the output of Laobaiganjiu high-end wine products will be about 7056.0 kiloliters in 2021, a year-on-year increase of about 27.7%; the sales revenue will be about 1.88 billion yuan, a year-on-year increase of about 15.6%. The output of mid-range wine products was about 10344.2 kiloliters, a year-on-year increase of about 14.9%; the sales revenue was about 980 million yuan, a year-on-year increase of about 4.2%. The output of low-end wine products was about 38610.2 thousand liters, a year-on-year increase of about 9.2%; the sales revenue was about 900 million yuan, a year-on-year increase of about 5.6%.

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Laobaiganjiu pointed out in the announcement that in 2021, the gross profit margin of the company’s main business will increase to 65.5%, an increase of about 2.6 percentage points over the same period last year. Through product structure adjustment and cost control, the proportion of the company’s mid-to-high-end wines and the gross profit margin of the products have steadily increased.Return to Sohu, see more

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