Source: Gangtise Investment Research

[Bairun Shares] Management saidbohocasinonodepositbonuscodes2022Whether it is the full year of 2023 or 2024Q1, the company's pre-mix cocktail business and flavors and fragrances business have achieved relatively steady growth. Company revenue in 2023 32bohocasinonodepositbonuscodes2022.64 billion yuan, a year-on-year increase of 25.85%, and the net profit attributable to the parent company was 809 million yuan, a year-on-year increase of 55.28%; the revenue of 2024Q1 was 800 million yuan, a year-on-year increase of 551 million yuan. Among them, pre-adjusted cocktails still achieved revenue of 712 million yuan despite the high base in the same period last year, a year-on-year increase of 5.67%. Since the current proportion of refreshing in all categories is relatively low, the company's sales target for refreshing in 2024 is to reach 20 - 30% of all categories in mature markets.