Baiya shares achieved revenue of 950 million yuan in the first half of 2023

On August 11, 2023, Chongqing Baiya Sanitary Products Co., Ltd. released the semi-annual report of 2023. In the first half of 2023, the company's operating income was about 950 million yuan, an increase of 28.60%. Net profit attributable to shareholders of the listed company was approximately 132 million yuan, an increase of 68.12% over the same period last year. Basic earnings per share of 0.31 yuan, an increase of 72.22%.

In the first half of 2023, in accordance with the established development strategy, the company will deepen its core advantage areas, accelerate the construction of e-commerce and emerging channels, and orderly expand the national market. At the same time, the company continued to optimize the product and channel structure, continued to enhance the company's brand influence through market promotion and brand publicity, the company's online and offline channel revenue maintained rapid growth, the proportion of high-end product revenue further increased, operating income and net profit achieved rapid growth.

At the same time, in accordance with the company's development plan and combined with the changes in the market environment, the company further optimized the marketing system, increased the investment in market expansion and publicity resources, in order to continue to expand the consumer group and product sales coverage. In the future, the company will give full play to its own advantages, further take measures to optimize and enrich product lines, expand marketing networks, improve R&D and innovation capabilities, optimize talent structure, and expand the company's business scale, increase the market share of the company's products, and enhance the company's market competitiveness and profitability.