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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.
Shenzhen Kingsino Technology (002548.SZ): The latest breeding cost of the company is 14.2 yuan/Kg.
Gelonghui October 22 丨 Shenzhen Kingsino Technology (002548.SZ) stated on the investor interaction platform that the company's latest breeding cost is 14.2 yuan/kg.
Jin Xinnong: Report for the third quarter of 2024
shenzhen kingsino technology (002548.SZ): Terminated some of the raised investment projects and will permanently supplement the remaining raised funds to working capital.
Shenzhen Kingsino Technology (002548.SZ) announced that the company's sixth board of directors' seventh extraordinary meeting and the sixth board of supervisors' seventh extraordinary meeting held on October 21, 2024, approved the proposal on terminating certain investment projects and permanently replenishing the remaining raised funds for working capital. It agreed to terminate the "Guangdong Tianzhong standardized pig breeding project (Phase I)" and the "Guangdong Tianzhong standardized pig breeding project (Phase II)", and to replenish the remaining raised funds of 381.2151 million yuan (accounting for 55.30% of the net amount of funds raised, including interest and deducting bank fees, etc.).
There's No Escaping Shenzhen Kingsino Technology Co.,Ltd.'s (SZSE:002548) Muted Revenues Despite A 25% Share Price RiseNo Data
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