Shanxi Fenjiu
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Shanxi Fenjiu\’s mid-to-high-priced alcohol revenue in 2023 will be 23.203 billion yuan, a year-on-year increase of 22.56%, with a gross profit margin of 84.09%
Special topic: Shanxi Fenjiu releases 2023 annual report, jumping to 30 billion annual revenue level On the evening of April 25, Shanxi Fenjiu released the company\’s 2023 annual report. The annual report shows that in 2023, the company achieved operating income of 31.928 billion yuan, a year-on-year increase of 21.8%; net profit attributable to listed companies was 10.438 billion yuan, a year-on-year increase of 28.93%. Shanxi Fenjiu divides its alcohol revenue into medium and high-priced alcoholic beverages and other alcoholic beverages. The former refers to products priced at 130 yuan per liter and above. Representative products include the Blue and White Fenjiu series, Panama Fenjiu series, Laobai Fenjiu series, Qingxiang Zhuyeqing series, etc. Representative products of the latter include the Ordinary Fenjiu Series, Ordinary Bamboo Leaf Green Series, Xinghuacun Liquor Series, etc. Specifically, mid- to high-priced alcoholic beverages will achieve revenue of 23.203 billion yuan in 2023, a year-on-year increase of 22.56%. The gross profit margin was 84.09%, an increase of 0.11 percentage points over the previous year. Other alcoholic beverages achieved operating income of 8.540 billion yuan, a year-on-year…
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Shanxi Fenjiu releases ESG report and strives to create a model for green brewing of Chinese liquor
Special topic: Shanxi Fenjiu releases 2023 annual report, jumping to 30 billion annual revenue level On the evening of April 25, Shanxi Fenjiu released the company\’s 2023 annual report. The annual report shows that in 2023, the company achieved operating income of 31.928 billion yuan, a year-on-year increase of 21.8%; net profit attributable to listed companies was 10.438 billion yuan, a year-on-year increase of 28.93%. Along with the release of the annual report, Shanxi Fenjiu also released the 2023 Environmental, Social and Governance Report. In the report, Chairman Yuan Qingmao delivered a speech. He said that in 2023, the company will implement the Fenjiu rejuvenation program and build a sustainable development ecology. The potential energy of famous wines, fragrance potential, and Fenjiu wine will be increasingly enhanced, and high-quality development will reach new heights, achieve new breakthroughs, and present a new pattern. In terms of multi-faceted optimization of governance, Shanxi Fenjiu strengthens party building leadership and carries out high-quality thematic education to draw progress for corporate development. Continue to improve governance efficiency, improve operating mechanisms, effectively implement the powers of…