According to the Zhitong Finance App, Five Grains Mill (01837) announced its annual results for the year ending December 31, 2022. The company achieved a 7% year-on-year increase in revenue to 1.72 billion yuan, profit attributable to shareholders increased 35% year-on-year to 116 million yuan, and a basic profit of 0.054 yuan per share.
According to the announcement, for the year ending December 31, 2022, the absolute amount of sales revenue from offline and online channels both increased compared to the year ending December 31, 2021. This was due to an increase in revenue generated from online channels, but slowed down due to a decrease in revenue generated from offline channels.