No Data
No Data
Saio Foods: 2024 Annual Results Forecast
Xiwang Foodstuffs (000639.SZ): Expected loss of 0.35 billion yuan - -0.5 billion yuan for the year 2024.
Gelonghui, January 24, Xiwang Foodstuffs (000639.SZ) announced its performance forecast for 2024, estimating a net loss attributable to shareholders of the listed company between 0.35 billion yuan and 0.5 billion yuan for the year 2024. The net loss after deducting non-recurring items is expected to be between 0.34 billion yuan and 0.49 billion yuan, with an EPS loss ranging from 0.32 yuan/share to 0.46 yuan/share. During the reporting period, the performance of the Sports Nutrition Sector did not meet expectations due to unfavorable cost factors and changes in the competitive landscape of weight management products. In response, the company has gradually begun to implement countermeasures, including optimizing the management team, adjusting the Global Strategy, and focusing on new product development.
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