百果园董事长回应“水果太贵”

Core Insights - The chairman of Baiguoyuan, Yu Huiyong, addressed concerns about high fruit prices, emphasizing the importance of quality over low prices and the need for consumer education [1] - Baiguoyuan's financial performance has deteriorated significantly, with revenue and net profit both experiencing negative growth in 2024 [2] - The company has seen a substantial reduction in its retail store count, with a net decrease of 966 stores, indicating challenges in its expansion plans [5] Financial Performance - In 2023, Baiguoyuan's revenue growth slowed to 0.69%, and net profit growth dropped to 11.88% [2] - For the first half of 2024, Baiguoyuan reported a revenue decline of 11% and a staggering net profit decline of 66.06% [2] - The company's 2024 financial report indicated a revenue of 10.273 billion yuan, a year-on-year decrease of 9.8%, and a pre-tax loss of 391 million yuan, marking its first net loss in five years [2] Market Presence - Baiguoyuan's initial growth strategy aimed for over 100 billion yuan in revenue and more than 10,000 offline stores within ten years, but it has faced setbacks [5] - As of 2024, the number of retail stores has decreased to 5,127, with a significant drop in franchise stores from 6,081 to 5,116 [5] - Despite a temporary surge in stock price due to a popular drama, Baiguoyuan's stock has since declined, currently trading at 1.75 HKD per share, with a market capitalization of 2.694 billion HKD [5]