Sanneng Group (6671) will have earnings per share of 3.18 yuan in 2024, an increase of more than 10% over 2023, and the annual revenue in 2024 will reach 2.039 billion yuan, a growth rate of more than 7% compared with 2023, breaking through the revenue target of 2 billion yuan again since 2021, and achieving both revenue and profit growth. In 2024, the cross-strait baking market will still be limited by the stagnation of general distributors, and Sanneng Group will still achieve the goal of revenue growth by relying on the development of industrial customers and the breakthrough of the Japanese market! Sanneng Group also announced the distribution of dividends of 2.6 yuan per share, with a dividend distribution rate of more than 80%, calculated at the closing price of 42.90 yuan on March 12, and the yield exceeded 6%, which has always maintained the characteristics of high distribution rate and high yield of cash dividends of Sanneng Group.
From March 14th to March 17th, Sanneng Group will participate in the “2025 Taipei International Baking and Equipment Exhibition” at the Taipei Nangang Exhibition Center, continuing the highlights of Sanneng Group in the Taipei Baking Exhibition.
This time, Chef Han Sang-baek, the manager of “Hans Dream Bakery” in Gyeongsangbuk-do, South Korea, was specially invited to perform at the exhibition, reflecting the group purpose of Sanneng Group to “improve Asian baking technology and jointly create a baking ecosystem”, so that people who are interested in baking can interact with the world champion chefs in person and experience the style of each famous master.
In addition to the Taipei Baking Exhibition, Sanneng Group is also actively promoting the new brand of outdoor products “SANNENG OUTDOOR”, and will participate in the “2025 Viva La Campo International Campo International Camping Exhibition” held at Huazhong Campground in Taipei from March 14th to March 16th, with more than 40 years of experience in metal manufacturing and surface treatment, cutting into the related cooking utensils, cups and plates, tables and chairs, lamps and other products required for camping, and opening up a new market with the brand concept of “Everywhere is home”. We hope to expand more business opportunities outside the baking market.
In addition, Sanneng Group will participate in the “2025 KIBA Korea International Baking Exhibition” and “2025 FHA FOOD & BEVERAGE Singapore International Food Exhibition” in April, continuing to expand in the Asian market, driving sales growth momentum in the Asian market, and enabling revenue in 2025 to break through the historical high after listing.
