The listed health company Kingdomway recently released its 2019 financial report.
The data showed that the company generated nearly 3.2 billion yuan in revenue last year, up by 11.11% from a year ago. The increase in revenue is mainly contributed by the increase of its health food business.
The net revenue was 451 million yuan, down by 34.42% from a year ago, which is due to reasons including the decrease of the gross net profit of Vitamin products. (Source: shuzheng kangxun)