The Chinese sports nutrition brand CPT recently released its financial report for last year, which shows that the company earned 316 Million yuan last year, down by 1.65% from a year ago.
The net profit for last year was 72.81 million, up by 94.24% from a year ago. The company’s core business still focuses on sports nutrition products sales. It cut the lineup of products last year to set up higher competition bar.
The company has combined marketing, branding and sales expansion to improve the brand influence of the company, and expand product sales.
Last year, China’s sports nutrition market value reached 329 million dollar. (Source:shuzheng kangxun)