Zhitong Financial App News, Future Development Holdings (01259) announced that for the year ended December 31, 2021, the company's realized income decreased by about 14.0% to about 1.011 billion yuan; the company's share of equity holders' loss was about 90.6 million yuan, and the basic loss per share was about 4.4 cents.
The decline in gross margin was mainly due to the decline in revenue from personal care products in the increasingly fierce market competition and the increase in manufacturing costs in the business of personal care products, the notice said.