Instant Dishes Create More Profits for Guolian
Guolian’s revenue has increased by 33.23% to 1.415 billion yuan during this first quarter (Q1) compared with the same period last year. Net income has increased by 10% to 10.41 million yuan, according to Shanghai Securities News. One main reason for the better performance is the great popularity of its instant dishes, whose revenue, for example, has gone up by 34.48% to 1.131 billion yuan in 2022. Meanwhile the company’s total has risen by 14.31% to 5.114 billion yuan.
To meet rising demand at home, the company has spent more developing instant dishes...
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