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Improved Revenues Required Before Xiwang Foodstuffs Co.,Ltd. (SZSE:000639) Stock's 25% Jump Looks Justified
Xiwang Foodstuffs Co.,Ltd.'s (SZSE:000639) Stock Price Dropped 18% Last Week; Private Companies Would Not Be Happy
Xiwang Foodstuffs Vice Chairman Sun Xinguo: The scale of the rapeseed oil business is expanding, and the sports nutrition product business is in a transformation stage. | Interview with Finance Specialist
①With the decline in prices of raw materials such as corn and protein, xiwang foodstuffs achieved high growth in performance in the first three quarters. The fourth quarter is the traditional peak season for corn oil, and it is expected that profits will further improve. ②The company's sports nutrition business has begun to grow steadily. In the first half of this year, the revenue share of xiwang foodstuffs' sports nutrition business accounted for nearly half, with a gross margin of 30.47%. The company plans to develop 2-3 major single products within two years.
Saio Foods: Report for the third quarter of 2024
Xiwang Foodstuffs (000639.SZ) released its performance for the first three quarters, with a net income of 62.5884 million yuan, an increase of 894.16%.
Xiwang Foodstuffs (000639.SZ) released the third quarter report of 2024, with the company's revenue in the first three quarters of 3...
XiWang Foodstuffs (000639.SZ) achieved a net income of 62.5884 million yuan in the first three quarters.
Gelonghui October 30th | xiwang foodstuffs (000639.SZ) released the third quarter report, the company achieved revenue of 3.814 billion yuan in the first three quarters, a decrease of 7.92% year-on-year; net income of 62.5884 million yuan, an increase of 894.16% year-on-year. Among them, the third quarter achieved revenue of 1.297 billion yuan, a decrease of 7.92% year-on-year; net income of 21.9368 million yuan, a decrease of 61.89% year-on-year.
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