On the 14th, it simultaneously participated in the 2025 Taipei International Baking and Equipment Exhibition and the 2025 Viva La Campo International Campo International Campo held at Taipei Huazhong Campground, among which the Taipei International Baking and Equipment Exhibition mainly promoted toast boxes and baking trays. Since April, we will continue to participate in Singapore, Indonesia and South Korea, and will also join hands with Demar to hold more than 20 new product exhibitions for major customers in mainland China to strive for new orders. Strive for a record revenue in 2025, and profit will also grow.
Sanneng’s consolidated revenue last year was 2.039 billion yuan, the second highest in history, the profit of the industry was 220 million yuan, the net profit after tax was 193 million yuan, and the EPS increased from 2.89 yuan the year before to 3.18 yuan, rewriting the third highest in history.
Zhang Zhihao, marketing director of Sanneng Group, pointed out that although the general distributors of the cross-strait baking market will be relatively stagnant in 2024, the growth of Sanneng’s revenue and profit last year was mainly due to the growth of orders from industrial customers such as large chain stores and large factories in the mainland, among which the orders of Taoli bread factories continued to increase, and the mainland’s official home appliance subsidy policy also led to an increase in the sales of baking trays and toast boxes in November and December last year, creating a turnover of 75 million yuan last year. The Japanese market is dominated by industrial customers, and last year it caught up with the trend of replacing the old with the new, and Aeon’s supermarket and food ingredients business both grew, with sales of 41 million yuan in the Japanese market last year, and the Japanese market accounted for 5.69% of Sanneng’s revenue last year.
Sanneng said that the first quarter has always been the off-season for baking utensils, Sanneng revenue in February was 239 million yuan, down 8.58% year-on-year, and the performance in March is expected to be the same as the same period last year, the performance in the first quarter is likely to decline, and the second quarter will rebound, this year’s revenue growth momentum has two, one is the growth of the Southeast Asian market, inviting Taiwanese bakers to Singapore, Indonesia and other places to perform, driving the sales of molds and ingredients in the Southeast Asian market, and the second is that although the mainland economy is involuted, it is still necessary to create baking market demand and pursue growth, In 2025, the revenue will exceed that of 2021 to create a record high of 2.067 billion yuan, and the profit will also grow
In order to win orders, Sanneng will participate in the “2025 Taipei International Baking and Equipment Exhibition” from the 14th, continuing the highlights of Sanneng Group in the Taipei Baking Exhibition, with a 4-day exhibition period, arranging the “Famous Baking Store Award”, inviting famous store managers or chefs to come to the scene to perform, including Chen Xingwei, the manager of Quantong West Pastry Bread, Zhang Yongxiang, the chef of TOP Bakery, Erik, the manager of Taichung Liuchuan House, and Wang Baifeng, the third runner-up of the World Bread Championship, and other world-class bakers to conduct professional performances and interactive teaching.
Sanneng emphasized that Sanneng specially invited Chef Han Sang-baek, the manager of “Hans Dream Bakery” in Gyeongsangbuk-do, South Korea, to perform at the exhibition, demonstrating Sanneng Group’s group purpose of “improving Asian baking technology and jointly creating a baking ecosystem”, so that people who are interested in baking can interact with the world champion chef in person.
