During the peak season of Mid-Autumn Festival, the wholesale price of Feitian Maotai fell below 2600 yuan. Maotai responded: the overall market is relatively stable.
According to Kweichow Moutai, the increase in the proportion of wholesale channel revenue in the first half of the year is mainly due to the increase in the ex-factory price of Feitian Moutai and other products. There has been no increase in dealers for Moutai liquor, and the 18 newly added dealers are all dealers of the series of Moutai liquor. The company's policy towards Moutai liquor dealers remains unchanged.
August is the peak period of profitability for pig enterprises, with daily profits exceeding one billion yuan. | Industry News
①In August, the pig market continued to recover, with sales prices of major pig companies reaching a new high this year; ②The peak of profitability for pig companies still focuses on reducing costs and increasing efficiency. Muyuan Foods, Shennong Group, and Wens Foodstuff Group have all reduced their fully loaded costs to below 14 yuan/kg; ③Some industry insiders believe that breeding companies will continue to maintain a considerable profit trend this year.
The pig market is recovering, and new hope liuhe has significantly reduced losses in the first half of the year. However, the fodder business is quietly under pressure. Interpretations of the financial report.
① The recovery of the pig market supported New Hope's significant reduction in losses in H1, and turned losses into profits in Q2. ② The company's fodder business is under pressure, with a 16% YoY decrease in revenue and a 0.79 percentage point decline in gross margin. ③ Some industry experts pointed out that pig prices are expected to remain high in the second half of the year, and the third and fourth quarters will be the main profit period for pig enterprises.
Dongpeng Beverage's performance in the first half of the year reached the upper limit of the forecast, intending to distribute a mid-term cash dividend of approximately 1 billion yuan. Interpretations
In the first half of the year, Dongpeng Beverage's revenue and net income increased by over 40% year-on-year, with net income reaching the upper limit of the previous forecast. The company plans to distribute a cash dividend of 25 yuan for every 10 shares.
Juewei Food Co., Ltd.: The number of stores decreased by nearly a thousand in the first half of the year, and the decrease in raw material costs helped boost net income | Interpretations
① Juewei Food Co.,Ltd. saw a 9.73% YoY decrease in revenue in the first half of this year, while net profit increased by over 20%. ② The company's H1 cost of goods sold decreased by 17.95% YoY due to a decrease in raw material prices.
Due to the slowdown in consumer demand, the revenue and non-GAAP net income of Inner Mongolia Yili Industrial Group have decreased by 9.53% and 12.81% respectively. | Finance Report News
Due to the oversupply of raw milk, the retail price of dairy products has declined, and at the same time, consumer demand has slowed down, resulting in a decline in the company's product sales volume. This has dragged down the year-on-year revenue of Inner Mongolia Yili Industrial Group by 9.53%, and the non-GAAP net income by 12.81%.