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Zhengzhou Qianweiyangchu Food's (SZSE:001215) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Analysts Are Updating Their Zhengzhou Qianweiyangchu Food Co., Ltd. (SZSE:001215) Estimates After Its Third-Quarter Results
Chef Senmio: Report for the third quarter of 2024
The l single product strategy resulted in 'rising costs, declining income' for Qianwei Central Kitchen, the first negative growth in three years since going public. | Interpretations of financial reports
①Three years after its listing, Qianwei Yang Chu handed in its first financial report with negative growth, with the net income declining year-on-year in the first three quarters; ②In the first half of the year, in response to the rising operating pressure, Qianwei Yang Chu had increased the development and promotion efforts of strategic single products, but by the third quarter, the company's revenue declined instead of increasing, with expenses significantly increasing.
Qianwei Kitchen (001215.SZ) released its performance for the first three quarters, with a net income of 81.5546 million yuan, a 13.49% year-on-year decrease.
Qianweiyaochu (001215.SZ) released the third quarter report of 2024. In the first three quarters, the company achieved revenue...
Qianweiyao Kitchen (001215.SZ): Net income for the first three quarters was 81.5546 million yuan, a year-on-year decrease of 13.49%.
On October 29th, Qianwei Kitchen (001215.SZ) announced its third quarter report for 2024, achieving revenue of 1.364 billion yuan in the first three quarters, a year-on-year increase of 2.70%; net income attributable to shareholders of the listed company was 81.5546 million yuan, a year-on-year decrease of 13.49%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 81.4012 million yuan, a year-on-year decrease of 1.25%; basic earnings per share was 0.84 yuan.
Zhengzhou Qianweiyangchu Food (SZSE:001215) Strong Profits May Be Masking Some Underlying IssuesNo Data
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