Daly Group 2018 Revenue 20 Billion 860 Million Yuan, An Increase Of 5.4% Over The Same Period

A few days ago, Dali Food Group Limited announced the 2018 annual performance announcement. During the reporting period, the company achieved a revenue of 20 billion 860 million yuan, an increase of 5.4% over the same period, and a net profit of 3 billion 720 million yuan, up 8.3% from the same period last year.

Classified data (billion yuan) grew year on year

Revenue 208.6 5.4%

Net profit 37.2 8.3%

Food revenue 104.2 4.5%

Beverage revenue 91.6 6.5%

Daly group said gross profit margin increased by 0.9 percentage points to 38.6% in 2018, mainly driven by the optimization of food and beverage mix, the promotion of some products and the decrease of raw material prices.

Among them, in terms of food business revenue, it increased from 9 billion 970 million yuan in 2017 to 4.5% yuan in 2018 to 10 billion 420 million yuan in 2018. The group launched new products in pastry and potato puffed foods in 2018.

In terms of beverage business revenue, it increased by 6.5% yuan from 8 billion 600 million yuan in 2017 to 9 billion 160 million yuan in 2018, including sales of functional beverages, vegetable protein and milk drinks increased by 15.1% and 27% respectively.

Herbal tea and other beverages fell by 6.3% and 23.1% respectively.