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Kingsino Technology's Pig Sales Revenue Up in November
Jin Xinnong: November 2024 Pig Sales Briefing
Shenzhen Kingsino Technology Chair Steps Down
Jin Xinnong: October 2024 Pig Sales Briefing
shenzhen kingsino technology (002548.SZ): Hog sale revenue in October was 0.134 billion yuan
Gelonghui November 5th, shenzhen kingsino technology(002548.SZ) announced that in October 2024, the hog sale volume was 0.0975 million heads (including 0.0496 million heads of commercial pigs, 0.0456 million heads of piglets, and 0.0024 million heads of breeding pigs), with hog sales revenue of 133.7341 million yuan and a commercial pig sales average price of 18.12 yuan per kilogram.
Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation
① 90% of the listed pork enterprises have reduced their costs to the range of 14 yuan per kilogram, including 5 enterprises such as Sunlon, Muyuan Foods, and Wens Foodstuff Group have reduced to the range of 13 yuan per kilogram; ② Many listed pork enterprises have indicated that there is still some room for cost reduction in the fourth quarter and next year; ③ Industry insiders believe that the cost reduction achievements have become the moat for the long-term development of pig enterprises. While helping companies expand profit margins, it also enhances the resilience of the companies against risks.
There's No Escaping Shenzhen Kingsino Technology Co.,Ltd.'s (SZSE:002548) Muted Revenues Despite A 25% Share Price Rise
