On April 11th, Chinese supply chain company Eternal Asia Supply Chain Management Ltd (Eternal Asia) released its 2023 annual report. The financial report shows that the company’s operating income was 94.422 billion yuan, a year-on-year increase of 10.57%. The net profit attributable to shareholders of the listed company was 141 million yuan, a year-on-year decrease of 44.95%. The basic earnings per share were 0.05 yuan, a year-on-year decrease of 50.00%.
Public information shows that during the reporting period, Eternal Asia’s industrial chain business mainly involved multiple industries including fast-moving consumer goods (maternal and child, daily chemicals, food, alcoholic beverages), home appliances, communications, information technology, medical care, and terminal retail. In the cosmetics field, its business scope mainly includes the import and export as well as the purchase and sale of cosmetics.
The annual report shows that Eternal Asia’s brand operation income in 2023 was 2.472 billion yuan, a year-on-year decrease of 25.30%, accounting for 2.62% of the operating income. The revenue from the daily chemical business was 5.045 billion yuan, a decrease of 8.59% compared to the same period last year (5.519 billion yuan).
Eternal Asia stated in the financial report that in the future, the company will focus on the layout of key consumer sectors such as food, daily chemicals, maternal and child care, home appliances, and liquor based on the “1+N” supply chain platform characterized by digitization, flattening, sharing, and decentralization by relevant policies.
