China Want Want announces financial results for fiscal year 2023...Net revenue of 23.5863 billion former = Chinese media

Confectionery and beverage manufacturer China Want Want announced its performance for the 2023 fiscal year (April 1, 2023 to March 31, 2024) on the 25th.
According to the announcement, net revenue for fiscal year 2023 is expected to increase 2.9% year-on-year to 23,586,300,000 for the fiscal year ending March 31, 2022.
Of these, revenue from dairy products and beverages increased by 7.4% year-on-year. In addition, revenue from vending machines, OEM (original equipment manufacturer), and overseas markets all maintained double-digit increases.
Gross profit margin was 46.6%, up 2.7 percentage points year on year, mainly due to lower prices of some raw materials and packaging materials, and optimization of production and employment strategies.
China Want Want said, "We will continue to explore new sales channels by utilizing our diversified product characteristics and production capacity. We will also actively expand into overseas markets.
We will develop new markets, expand the areas of consumption, and fully respond to customer needs."