Juice planes performance down at the industry into the trough – fruit juice, con
Recently, the domestic enrichment Juice Enterprise SDIC and Anderle companies have released the first half of the annual reports, in Financial Impact of the crisis, the country hit Lu and Anderle revenue and net profit fell sharply. The investment adviser Food Chen Chen, chief researcher at the industry that the short term, concentrated juice, no major export prices rise, the industry is entering a downturn period.
SDIC released 2009 mid-year report, the Company in 2009 in the first half, a substantial decline in company performance, to achieve total revenue of five hundred and three million yuan, down 35.59%, a net profit of 11,147,000 yuan, down 81.15%. Lu said the investment in the country, mainly due to company's main product of apple juice caused a dramatic decline in export prices.
Another giant Anderle is no exception. Center Daily News revealed that in the first half Anderle realized total revenue of 291 million yuan, down 70%; to achieve net profit of 15.63 million yuan, down 93%. Anderle said the economic slowdown led to soft sales of products Anderle, dragged down the company's profit performance in the first half of 2009.
Investment adviser in the food industry's chief researcher Chen Chen that the decline in export prices is the case of cold and concentrated fruit juice business performance for the decline. Investment Advisor in the release of "2009-2012 China's fruit juice market and prospects of investment analysis report" shows that China's fruit juice accounted for 50% of world production, China's share of the global supplier of apple juice concentrate juice market share of around 70%.
Present, the international market mainly concentrated juice, juice concentrate 90% are exported. As the international financial crisis has led to foreign markets shrinking demand for apple juice, apple juice existing export prices from early 2008 high of 2,000 U.S. dollars / ton start all the way down, the lowest in the first quarter of 2009 fell to 600 dollars / ton.
Investment adviser in the food industry that the chief researcher Chen Chen, 08 in the second half of the international financial crisis has led to shrinking overseas demand for apple juice, apple juice in 2008 China's total exports have emerged some of the decline, in 2009 a quarter of the trend appears to increase, although some recovery in the second quarter, but the short term, concentrated juice, no major export prices rise, the industry is entering a downturn period.
Data show that exports gradually pick up the second quarter, second quarter, China exported 240,000 tons of concentrated apple juice, the average price of about 800 U.S. dollars offshore. However, as export prices fall more than half year, second quarter Sell Income is still down 38% year on year. In this price level, the concentrated juice products, not much room for profit, so the pressure concentrated juice business will continue.
Cast Zhang Yan Lin, director of the consultancy study also believes that the highest compared to 2008 when the price of diving efforts concentrated juice is rare, but present, China's exports have not fully recovered, foreign demand, the market has not yet warmed up, so juice concentrate exports will continue for a downturn, which requires companies to seek a breakthrough in the domestic market.
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