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Fuling Mustard: 2024 Annual Performance Report
Chongqing Fuling Zhacai Group (002507.SZ) expects a net income of 0.824 billion yuan for the fiscal year 2024, a decrease of 0.31% year-on-year.
Chongqing Fuling Zhacai Group (002507.SZ) disclosed the performance report for 2024, with total operating revenue of 24.0...
Chongqing Fuling Zhacai Group (002507.SZ): Currently, the Pre-Cooked Food direction in Sichuan and Chongqing is in the research and development testing and market research stage.
On February 21, on the investor relationship activities, Chongqing Fuling Zhacai Group (002507.SZ) recently stated that the company has planned to focus on Zhacai and develop in four directions: "Zhacai +", related categories of Zhacai, Sichuan-style compound condiments, and Sichuan-Chongqing Pre-Cooked Food. Currently, the Sichuan-Chongqing Pre-Cooked Food direction is in the research and testing phase along with market research. New products such as instant soup made from Zhacai have been developed, and future developments will closely follow market conditions and the progress of the Global Strategy.
China Merchants: Leading Baijiu producers stabilize controlled prices, mass products meet expectations.
Sales during the Spring Festival met pre-holiday expectations, with a slight overall decline, while the mass price segment continues to expand. The leading Baijiu(Chinese Liquor) brand is actively controlling inventory, breaking the inertia of pressure in the Industry.
Earnings Working Against Chongqing Fuling Zhacai Group Co., Ltd.'s (SZSE:002507) Share Price
Research Reports on Gold Mining | China Great Wall: Chongqing Fuling Zhacai Group's annual performance recovery is to be expected, maintaining a "Shareholding" rating.
In a recent Research Report, China Great Wall pointed out that with the easing of channel inventory and raw material cost pressures, and the initial effectiveness of adjustments by Dealers and sales teams becoming evident, the basic market for pickled vegetables is expected to stabilize. The annual performance recovery of Chongqing Fuling Zhacai Group (002507.SZ) is anticipated, and the future growth potential from the company's category and channel expansion seems bullish. Maintaining a 'Shareholding' rating. It is believed that in the third quarter of 2024, the company's revenue will achieve positive growth year-on-year, reversing the previous trend of sluggish sales over several quarters, while profit growth is also favorable. This is influenced by various factors including organizational structure, Dealer adjustments, sales assessments, and marketing investments. The company's reform is heading in a positive direction, and operations are gradually improving.
1.0% Earnings Growth Over 3 Years Has Not Materialized Into Gains for Chongqing Fuling Zhacai Group (SZSE:002507) Shareholders Over That Period
