With the completion of the disclosure of the three quarterly reports, the six listed companies that set up the pet food business all achieved positive revenue growth in the first three quarters, but net profit to mother generally declined sharply, and no increase in revenue and profit became a common characteristic of the sector. The industry said goodbye to the incremental stage where growth was driven by the expansion of the pet population, and entered a structural adjustment cycle disrupted by stock competition, cost, and exchange factors. Faced with profit pressure, the above 6 listed pet companies relied on their own resource endowments to promote business layout, develop their own brands, high-end new products, and global production capacity to hedge against the pressure of the industry cycle.
Zhitongcaijing · 2d ago
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With the completion of the disclosure of the three quarterly reports, the six listed companies that set up the pet food business all achieved positive revenue growth in the first three quarters, but net profit to mother generally declined sharply, and no increase in revenue and profit became a common characteristic of the sector. The industry said goodbye to the incremental stage where growth was driven by the expansion of the pet population, and entered a structural adjustment cycle disrupted by stock competition, cost, and exchange factors. Faced with profit pressure, the above 6 listed pet companies relied on their own resource endowments to promote business layout, develop their own brands, high-end new products, and global production capacity to hedge against the pressure of the industry cycle.
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