Jiujiuwang Food International Ltd. Releases 2024 Annual Report
Jiujiuwang Food International Ltd. has released its 2024 annual report, showing a revenue of RMB 315,028,000, down from RMB 351,767,000 in 2023. The company reported a loss of approximately RMB 3.6 million, compared to a profit of RMB 4.9 million the previous year, mainly due to increased credit loss allowances. The Board of Directors has decided not to recommend any dividend for the year. The company aims for sustainable growth in the confectionary sector in the PRC.
Jiujiuwang Food International Ltd. has released its 2024 annual report, detailing key financial and business updates. The company reported a revenue of RMB 315,028,000 for the year ending 31 December 2024, compared to RMB 351,767,000 in the previous year. The report highlights a recorded loss of approximately RMB 3.6 million, a decline from a profit of approximately RMB 4.9 million in 2023. This decrease is attributed primarily to an increase in gross allowance for expected credit losses on trade and other receivables. The company continues to focus on achieving sustainable growth and enhancing its position as a confectionary products manufacturer in the PRC. The Board of Directors has decided not to recommend the payment of any dividend for the year. The full report can be accessed through the link below. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiujiuwang Food International Ltd. published the original content used to generate this news brief on April 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
