Why did Honghui Fruit and Vegetable lose money in the fourth quarter?

Influenced by the market economy. The net profit loss of Honghui Fruit and Vegetable Company in the fourth quarter was mainly affected by the market economy. The gross profit margin of various businesses decreased, the appreciation of RMB increased the exchange loss, and the asset impairment loss was accrued. Honghui Fruits and Vegetables Co., Ltd. (hereinafter referred to as Honghui Fruits and Vegetables) was established in 1992, headquartered in Shantou City, Guangdong Province, and was established by the original Honghui Food Co., Ltd. in Shantou Special Economic Zone.