share_log

晨光生物(300138.SZ):2024年一季度棉籽类业务营收占比为48.50%

In the first quarter of 2024, cottonseed business revenue accounted for 48.50% of Chenguang Biotech Group's (300138.SZ) business.

Gelonghui Finance ·  Aug 1 15:21

Chenguang Biotech Group (300138.SZ) stated on an investor interaction platform on August 1st that the company's cottonseed products and soybean products have similar downstream applications, and cottonseed protein and cottonseed oil will be affected by changes in the prices of the CSI Commodity Equity Index and soybean oil. In Q1 2024, cottonseed business revenue accounted for 48.50% of the total revenue. Due to the downward market and changes in the fair value of derivative products, Q1 cottonseed business suffered significant losses, which correspondingly affected the overall business profit, leading to a year-on-year decrease.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment