Raw material costs have fallen, and the performance of braised food giants has rebounded. Huang Shanghuang, Juewei Food, Zhou Hei Ya, and Ziyan Food have disclosed their 2023 performance.
The fall in costs is an important reason for the rebound in performance of various companies. Since most of the revenue from braised products comes from offline stores, braise food companies will accelerate the opening of stores in 2023 and improve single store operations. The income of single stores of old stores in the processing industry has recovered.