Last year, the revenue exceeded 4 billion, and the net assets increased fourfold, which was related to Ali's 2 billion shares.

On the afternoon of February 28th, 1999 (830993. OC, hereinafter referred to as 19 19), a well-known liquor circulation enterprise in China, released the 20 18 annual performance report. The data shows that in 20 18, the company's operating income exceeded 4 billion yuan, up by 19.52% year-on-year, with a loss of 425.059 million yuan, down by 14.94% year-on-year. After deduction, the net profit was a loss of 48.3023 million yuan, a year-on-year decrease of 27.47%.

For the performance loss, Yi Yi said that the supply of Maotai and other products was insufficient last year, which led to a sharp year-on-year decline in sales of this product, which had a great impact on the company's performance. In addition, the performance of the company's offline terminal stores continues to grow, but most stores are still in the incubation period, which is also one of the factors that contribute to the company's losses.

It is worth mentioning that by the end of 20 18, the total assets of 19 19 exceeded 5.3 billion yuan, an increase of 77.50% compared with the beginning of the year. The owner's equity attributable to shareholders of listed companies was 2.369 billion yuan, an increase of 404.74% over the beginning of the year, which was mainly related to the strategic investment of 2 billion yuan of Alibaba Group last year.

National business daily