Summary by Moomoo AI
Sichuan Deheng Agricultural and Animal Husbandry Food Group Co., Ltd. ("Deheng Agriculture and Animal Husbandry") announced its interim performance for the six months ended June 30, 2024. The report shows that the company's revenue reached RMB 940.7 million, an increase of 25.3% compared to the same period last year. The profit for the period changed from a loss of RMB 235.3 million in 2023 to a profit of RMB 179.1 million. Earnings per share were RMB 4.54. The company's main businesses include hog and poultry farming and sales, as well as food processing. Both hog sales volume and prices have increased, and the poultry business has also achieved stable growth. The company stated that it will continue to expand production capacity and strengthen biosecurity measures. Deheng Agriculture and Animal Husbandry was established in China in 2014 and listed on the Main Board of the Stock Exchange of Hong Kong Limited on December 6, 2023. The Board of Directors has not declared an interim dividend.
