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Master Kong Holdings’ revenue last year was nearly 62 billion, and instant noodles sold 25.3 billion

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MasterKongHoldings’revenuelastyearwasnearly62billion,andinstantnoodlessold25.3billion
OnMarch23,MasterKongreleasedits2019performancereport.In2019,MasterKongachievedrevenueof619.7.8billion,anannualincreaseof2.13%;profitattributabletoshareholdersofthecompanyis33.310,000yuan,anannualincreaseof35.twentytwo%.MasterKongHoldingssaidthattheinstantnoodlebusinesshasgrownsteadilyduringtheyear,andthestructuraladjustmentofthebeveragebusinesshasachievedinitialresults.Thepositivegrowthtrendinthesecondhalfoftheyearisobvious.Intermsofbusinessscale,theaveragepriceofinstantnoodlesandbeveragesofthetwomajorbusinesslinesofMasterKongHoldingshasincreased.Amongthem,theinstantnoodlebusinessrevenueis25.3billionUSdollarsperyear.79%.Amonginstantnoodles,containernoodleshadthehighestrevenue,reaching123.21trillion,high-pricedbagnoodlerevenuewas101.9.8billionyuan.Itfocusesonconsolidatinghighpricesandhigh-endmarkets,simultaneouslyexpandingtheultra-high-endmarket,andrealizingsalesgrowth.Thebeveragebusinessrevenuewas35.6billionyuan,anannualincreaseof0.81%.Revenueofteaproductsreached155.79ppm,revenueofcarbonateddrinksandotherproductswas122.3.7billionyuan.MasterKangbelievesthatready-to-drinkteausescoreproductstoconsolidatethemassconsumermarket,andlaunchedahigh-endproduct”MasterKangTeaSensationHall”toseizethehigh-endmarket.Pepsi’scarbonatedbottlingbusinessconformstothetrendofconsumptionupgradeswithmulti-flavors,multi-specifications,refinedpackaging,andreducedsaccharificationtoincreaseconsumptionmomentum.Forthedevelopmentin2020,thetitleofMasterKongHoldings,thegroup’sinstantnoodlebusiness,andthebeveragebusinesswillbeaffecteddifferentlybydifferentepidemicconditions.Asanimportantproducttostabilizepeople’slivelihood,instantnoodleswilltryitsbesttomeetthehighdemandduringtheepidemic.Althoughthesalesofbeverageswillfacetheimpactofthedeclineinthenumberofterminalstoresduringtheepidemic,reboundconsumptionisexpectedaftertheepidemic.Overall,itisexpectedthattheinstantnoodlebusinesswillhaveagoodgrowthin2020,andthewineindustryplanstohaveashort-termpressureonrevenueandtransfervolumeduetotheepidemicinthefirsthalfoftheyear,butitshouldreboundrapidlyinthesecondhalfoftheyear.Sauna,YeWangWangYang,editorLiYanproofreadingLiShihui