Capital, Earnings & M&A
“Soy Sauce Maotai” Lacks Confidence
Haitian Flavoring & Food Company urgently needs to defend its valuation. In 2014, when it was just listed, Haitian proposed its first five-year plan to recreate another Haitian from 2013 to 2018. Now, in its third five-year plan, its market value once soared from 50 billion to 650 billion yuan, but in 2021, both revenue and net profit growth fell to single digits for the first time.
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