news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

On August 20, the share price of A-share listed company Youyou Food closed at 5.61 yuan per share, down 2.43%. On the news front, on the evening of August 19, Youyou Food Co., Ltd. released its 2024 semi-annual report. During the reporting period, the company achieved operating income of approximately 530 million yuan, a year-on-year increase of 10.26%; and achieved a net profit attributable to shareholders of the listed company of approximately 76.14 million yuan, a year-on-year decrease of 5.22%. It is planned to pay a cash dividend of 1.6 yuan (including tax) per 10 shares to all shareholders.

Source: Semi-annual report

The semi-annual report shows that the company's main business is the research and development, production and sales of pickled flavored snack foods. After years of business development, it has gradually formed a series of pickled flavored snack foods with pickled pepper chicken feet as the main product and pork skin crystals, bamboo shoots, chicken wings, dried tofu, peanuts, etc. as the supplementary products, among which pickled pepper chicken feet is the company's leading product.

The revenue from pickled pepper chicken feet accounts for more than 75% of the company's main business revenue, which has a significant impact on the company's profitability. The company's advantageous industry position in pickled pepper chicken feet has brought obvious scale effects to the company in terms of brand, reputation, and competitiveness, but from the perspective of the company's long-term development, this relatively single product structure exposes the company to certain operating risks.