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Minhe Co., Ltd.: Briefing on sales of chicken seedlings in November 2024
Shandong Minhe Animal Husbandry (SZSE:002234) Adds CN¥440m to Market Cap in the Past 7 Days, Though Investors From Five Years Ago Are Still Down 65%
Shandong Minhe Animal Husbandry's Broiler Chick Revenue Balloons 75% in October
Minhe Co., Ltd.: Briefing on sales of chicken seedlings in October 2024
Shandong Minhe Animal Husbandry (002234.SZ): In October, commodity sales revenue for broiler chicks was 83.1061 million yuan, a year-on-year increase of 75.40%.
On November 11th, GeLongHui reported that Shandong Minhe Animal Husbandry (002234.SZ) announced that in October 2024, it sold a total of 19.9746 million commodity broiler chicks, a year-on-year change of -9.39% and a month-on-month change of 3.57%; sales revenue reached 83.1061 million yuan, a year-on-year increase of 75.40% and a month-on-month increase of 21.87%. The year-on-year increase in sales revenue of commodity broiler chicks for the company was 75.40%. The main reason is that the average selling price of commodity broiler chicks in the same period of the previous year dropped significantly, while this period's market price remained stable, resulting in a higher average selling price of commodity broiler chicks compared to the same period last year.
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