During the reporting period, the company's products were mainly exported, with the United States being the company's most important sales market. During each period of the reporting period, the company's sales revenue to the U. market accounted for 71.31%, 76.45%, 65.73% and 65.74% of its main business revenue, respectively.
Therefore, Fuling’s operating performance is mainly affected by factors such as changes in U. market demand and fluctuations in the RMBUSD exchange rate. A decline in U. market demand will lead to a decrease in the company’s orders, and an appreciation of the RMB exchange rate will lead to a decrease in the company’s RMB revenue, a decrease in exchange gains or even exchange losses.
In 2023, demand from overseas customers declined, causing belgium telegram data the company's performance to decline to a certain extent. From January to June 2024, the company's operating performance resumed growth, mainly due to the continued growth in demand for tableware from domestic tea beverage companies and the resumption of growth in demand for plastic tableware from overseas customers.
\
From January to September 2024, Fuling’s operating income was 1.706 billion yuan, an increase of 27.71% over the same period last year. From January to September 2024, the company realized a net profit attributable to the parent company’s owners of 164 million yuan, an increase of 0.46% over the same period last year.