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Beijing Food Holdings: 2024 Annual Results Forecast
Hainan Jingliang Holdings (000505.SZ): The net income for the year 2024 is expected to decrease by 76%-84%.
Gelonghui January 22丨Hainan Jingliang Holdings (000505.SZ) announced the performance forecast for 2024. The Net income attributable to shareholders of the listed company is expected to be between 16.5 million - -24.5 million yuan, a decrease of 76%-84% compared to the same period last year; the Net income after deducting non-recurring gains and losses is expected to be between 15 million - -22 million yuan, a decrease of 73%-82% compared to the same period last year; the basic EPS is expected to be between 0.0227 yuan/share - 0.0337 yuan/share. The oil and fat Sector is facing oversupply in the market, leading to a decline in product prices and increased processing costs; competition in the branded packaged oil market is intense.
Returns On Capital Signal Tricky Times Ahead For Hainan Jingliang Holdings (SZSE:000505)
Hainan Jingliang Holdings (000505.SZ): Plans to transfer 10.9589% of equity in Longjinbao Company to Wanfahengxing.
Gelonghui, December 10 – Hainan Jingliang Holdings (000505.SZ) announced that in order to further focus on the company's main Business, continuously optimize the disposal of non-core Businesses and Assets, and improve development quality, on December 10, 2024, it signed an Equity Transfer Agreement with Peking Wanfa Hengxing Trading Co., Ltd. (hereinafter referred to as “Wanfa Hengxing”) to transfer 10.9589% equity of Chongqing Longjinbao Network Technology Co., Ltd. (hereinafter referred to as “Longjinbao Company”) to Wanfa Hengxing at a price of 20 million yuan, achieving an exit from non-main Businesses. After this Trade is completed, the company will no longer Hold any stake in Longjinbao.
Hainan Jingliang Holdings' (SZSE:000505) Conservative Accounting Might Explain Soft Earnings
Beijing Food Holdings: Report for the third quarter of 2024