Jinzai Food (003000.SZ) has increased ahead of schedule. Net profit for the first three quarters is expected to be 208 million yuan to 223 million yuan, an increase of 56.47%-67.75% over the previous year

According to the Zhitong Finance App, Jinzai Food (003000.SZ) announced that the company expects net profit attributable to shareholders of listed companies for the first three quarters of 2024 to be 208 million yuan to 223 million yuan, an increase of 56.47%-67.75% over the previous year.

The company's revenue and net profit have all achieved high-quality growth. The main reason for the increase in net profit is, on the one hand, the scale effect brought about by the increase in operating income and the optimization of supply chain efficiency, and on the other hand, the year-on-year decline in prices of major raw materials, accessories, packaging materials, etc.