Youyou Food: Achieve 604 million yuan in revenue in the first half of 2021 and actively try to cooperate with new e-commerce companies

In the evening of August 17,Yutomo Foods(603697) Released half a yearPerformanceReport, first half of 2021Operating incomeApproximately 604 million yuan, an increase of 10.89% year-on-year; attributable to listed companiesshareholderofNet profitAbout 130 million yuan, an increase of 0.33% year-on-year; basic earnings per share were 0.42 yuan.

The report shows,Yutomo FoodsThe main business is the research and development, production and sales of soaked flavored snack foods. After years of business development, it has gradually formed a series of soaked flavored snack foods mainly consisting of pickled pepper and chicken feet, supplemented by pig skin crystals, dried tofu, peanuts, bamboo shoots, etc. Among them, pickled pepper and chicken feet are the company’s leading products.

In order to adapt to the ever-changing market situation and improve the company’s overall profitability,Yutomo FoodsIn July 2013, a wholly-owned subsidiary, Youyou Sales Company, was established to specialize in product marketing and channel construction. At present, the company adopts a sales model that focuses on offline distribution channels and supplemented by online channels. The sales channels covered by the company’s dealers mainly include modern retail channels, traditional retail channels and special channels. After the products are sold by the dealers and delivered to retail terminals such as large-scale stores, chain supermarkets, convenience stores, and grocery stores, consumers will be responsible for them. Purchase to form a complete sales chain. The company’s current online channels are mainly e-commerce platforms, which are a useful supplement to the distribution model.

Youyou Foods said that the company will actively seize development opportunities. On the one hand, while optimizing and iterating existing product categories, it will continue to strengthen the development and promotion of new products. It has launched three flavors of lemon, vine pepper, and spicy. Bone chicken feet and boneless duck feet series products meet the diverse needs of consumers; on the other hand, as online purchases have gradually become mainstream consumer channels, the company adjusted Tmall,JingdongAnd other platforms’ official flagship stores’ operating strategies, and actively try to cooperate with the new e-commerce channels Douyin,PinduoduoThe cooperation with other platforms is expected to bring new breakthroughs for the company’s next development.

(Source: Securities Times Net)

Article source: Securities Times

Editor in charge: DF557

Original title: Youyou Food: Achieve 604 million yuan in revenue in the first half of 2021 and actively try to cooperate with new e-commerce