Xiwang Food losses 700 million to 820 million yuan in 2019
date:2020-02-10
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Keyword: Xiwang Food

On January 30, Xiwang Food released a forecast for a loss of 700 million to 820 million yuan in 2019, mainly due to changes in the sales channels and product structure of the professional sports nutrition market in Europe and the United States. In 2019, the performance of the overseas part of the sports nutrition sector fell short of expectations, with both revenue and profit declining.

 

Kerr has a strong professional brand good product reputation and stable market channels, the company is full of confidence in the development of sports nutrition business.


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