Yanjing Beer’s revenue increased slightly in 2019, and its net profit increased by 27 in ten years.76%

Yanjing Beer’s revenue increased slightly in 2019, and its net profit increased by 27 in ten years.76%
On the evening of April 27, Beijing Yanjing Beer Co., Ltd. released its 2019 annual report.In 2019, the company achieved revenue of 114.6.8 billion yuan, an increase of 1 year-on-year.10%; net profit attributable to shareholders of listed companies increased by 27.76% to 2.3 billion yuan.According to the data revealed in the report, at present, beer production and sales account for more than 90% of the company’s main business.In 2019, the operating income of beer reached 107.3.6 billion, an increase of 0 over the same period last year.07%.Beer sales reached 381.160,000 kiloliters, of which 248 were the main brands of Yanjing.160,000 kiloliters, accounting for 65% of total sales.11%, “1 + 3” brand sales were 350.960 thousand kiloliters, accounting for 92% of total sales.08%.The report shows that the long-term beer industry has reached maturity. The sales of the top five beer companies, such as Yanjing Beer, located in the First Army have reached 80% of China’s beer sales.In 2019, along with changes in consumption upgrades, Yanjing Beer has successively launched Yanjing U8, Yanjing 7th Fresh, Yanjing Bajing Cultural and Creative Products and other mid- to high-end personalized new products.The supply has further enriched the product structure.The company currently has more than 50 holding subsidiaries in 18 provinces (municipalities) across the country, and its sales area covers the whole country. In terms of expanding marketing channels, in 2019 the company is committed to satisfying consumers’ personalized needs with higher channels and adapting to the shopping and consumption habits of consumer groups.According to statistics, in 2019, Yanjing Beer’s e-commerce business grew steadily. Although online sales still accounted for the proportion of overall sales, GMV at the distribution end achieved a growth of more than 40%.In the first quarter of 2020, the company’s online sales growth rate and GMV growth rate exceeded 60%.However, in early 2020, due to the occurrence of the new crown epidemic, the consumer market shrank, which adversely affected the company’s operations.Yanjing Beer said that the current adverse effects and uncertainties on the company’s production and operation cannot be accurately predicted.In addition, Yanjing Beer also disclosed that in 2020, the company will continue to grow and develop in an internal manner including technological transformation and expansion, acquisitions and mergers, and will require a capital of about 1 billion yuan.The company will use various methods such as self-raising and bank loans to meet the funding needs.Sauna, Ye Wang Xu Jingjing Editor Xu Jingjing corrects Chun Chun