五芳斋卷入“蜜枣粽创可贴”事件，去年营收净利双双下滑

Core Viewpoint - The incident involving "Honey Date Sticky Rice Dumpling" has raised concerns about the reputation of Wufangzhai, which is a major player in the sticky rice dumpling market, especially as the Dragon Boat Festival approaches [1][8]. Company Response - Wufangzhai has announced that it will conduct a thorough investigation in collaboration with its partners and will cooperate with relevant authorities for on-site inspections [1][3][5]. - The company has established a special task force to address the situation and ensure compliance with food safety regulations [3][5]. Financial Performance - Wufangzhai's latest financial report indicates a decline in both revenue and net profit for 2024, with revenue at 22.51 billion yuan, down 14.57% year-on-year, and net profit at 1.42 billion yuan, down 14.24% year-on-year [9][10]. - The sticky rice dumpling segment, which accounts for over 70% of Wufangzhai's revenue, also experienced a significant decline, with revenue from this segment at 15.79 billion yuan, down 18.64% year-on-year [9][10]. Market Context - The sticky rice dumpling market is relatively stable, with demand peaking during the Dragon Boat Festival, but Wufangzhai's reliance on this product may pose risks to its overall performance [10]. - The company has been exploring diversification strategies, including international expansion and a focus on high-quality partnerships, to mitigate risks associated with its core product line [10].