Shanghai Jahwa Achieves 7.1 Billion Yuan Revenue in 2022, Acquires a US-Based Mother and Baby Products Company

5月 08, 2023

Shanghai Jahwa (SH.600315) recently released its 2022 annual report, which showed that its revenue for the reporting period decreased by 7.06% year-on-year to RMB 7.106 billion, while its net profit attributable to the parent company decreased by 27.29% year-on-year to RMB 472 million.
The company stated that 2022 was a challenging year for Shanghai Jahwa. Since the second half of 2021, the company has undergone special channel (including online channels) business adjustments due to the reform of major shareholders. From the end of 2021 to the third quarter of 2022, the company experi …