Affected by the epidemic, the tasteless food is expected to have a short-term net profit of more than 60% in the first quarter

Affected by the epidemic, the tasteless food is expected to have a short-term net profit of more than 60% in the first quarter
On April 24th, Juwei Food Co., Ltd. (referred to as “Jiuwei Food”) released the first quarter 2020 performance forecast.According to the number of reports, Juewei Foods is expected to achieve a net profit of 60 million to 63 million, followed by a decline of 65.24% — 66.90%.For the reasons of performance, Zewei Food stated that in the first quarter of 2020, in response to the country’s need to fight the epidemic, some factories and stores of Zewei Food were closed, which had a certain impact on sales and profits.During this period, for the needs of a stable franchise system and continuous operation, the delicious food has given the franchisees strong support policies in logistics, loss of goods, store operations, anti-epidemic materials, and opening stores against the trend.In addition, affected by the epidemic, the investment income of the tasteless food also declined compared with the same period last year.The notice shows that in the first quarter of 2020, the deducted non-net profit of the delicious food is more than the net profit, and it is expected to reach 68 million to 71 million yuan, a year-on-year decline of 60.43% -62.10%.Zewei Food stated that the impact of non-operating profit and loss mainly occurred during the epidemic. Zewei Food took the initiative to assume its social responsibilities and donated 10 million yuan in cash to the New Coronary Pneumonia Prevention Work.Sauna, Yewang Wang Siyang editor Zhu Fenglan proofreading Li Xiangling