JONJEE(600872) 新浪财经·2025-05-20 08:27Group 1 - The company reported Q1 2025 revenue and net profit attributable to shareholders of 1.102 billion and 181 million yuan, respectively, representing a year-on-year decline of 25.81% and 24.24%, which was below expectations [1] - The main product categories, including soy sauce, chicken essence, and cooking oil, experienced revenue declines of 32%, 29%, and 50% year-on-year, respectively [1] - The company saw a net increase of 491 distributors, bringing the total to 2,672, despite a significant drop in average distributor income, which fell by 42% to 380,000 yuan per distributor [1] Group 2 - The company's gross margin improved, with a year-on-year increase of 1.75 percentage points to 38.73%, while the net profit margin decreased by 1.17 percentage points to 16.46% [2] - Sales expense ratio increased by 0.89 percentage points to 8.62%, while management expenses decreased in absolute terms year-on-year [2] - The company expects steady growth in performance for the full year, projecting revenues of 6.06 billion, 6.66 billion, and 7.32 billion yuan for 2025-2027, with a corresponding net profit of 990 million, 1.09 billion, and 1.20 billion yuan, all reflecting a 10% year-on-year increase [2]