Dongpeng Beverage: Tianjin base construction + channel expansion, gradually increasing market share in the northern region | Direct hitting earnings conference
1. Dongpeng Beverage's "northward" progress has attracted attention, and the company stated that it is actively promoting the construction of the tianjin production base. 2. The company stated that it will gradually increase its market share in the northern market by continuously improving the distribution system, deepening channel expansion, increasing consumer stickiness, and gradually achieving sales conversion.
Maximum of 6 billion! kweichow moutai proposes to buy back shares, implementing repurchase for the first time in 23 years since listing.
①The purpose of repurchasing shares is for cancellation and reduction of the company's registered capital. ②The repurchase price of shares shall not exceed 1795.78 yuan per share (inclusive).
Is the 'faith' collapsing? kweichow moutai hits a new low in 2022, with many 'top players' reducing their positions.
It is worth noting that Kweichow Moutai fell to 1268.89 yuan in early trading, breaking the previous low of 1333 points before October 31, 2022.
During the peak season of Mid-Autumn Festival, the wholesale price of Feitian Maotai fell below 2600 yuan. Maotai responded: the overall market is relatively stable.
According to Kweichow Moutai, the increase in the proportion of wholesale channel revenue in the first half of the year is mainly due to the increase in the ex-factory price of Feitian Moutai and other products. There has been no increase in dealers for Moutai liquor, and the 18 newly added dealers are all dealers of the series of Moutai liquor. The company's policy towards Moutai liquor dealers remains unchanged.
Dongpeng Beverage's performance in the first half of the year reached the upper limit of the forecast, intending to distribute a mid-term cash dividend of approximately 1 billion yuan. Interpretations
In the first half of the year, Dongpeng Beverage's revenue and net income increased by over 40% year-on-year, with net income reaching the upper limit of the previous forecast. The company plans to distribute a cash dividend of 25 yuan for every 10 shares.
Juewei Food Co., Ltd.: The number of stores decreased by nearly a thousand in the first half of the year, and the decrease in raw material costs helped boost net income | Interpretations
① Juewei Food Co.,Ltd. saw a 9.73% YoY decrease in revenue in the first half of this year, while net profit increased by over 20%. ② The company's H1 cost of goods sold decreased by 17.95% YoY due to a decrease in raw material prices.