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Morgan Stanley Upgrades Chacha Food Company to Overweight From Equal-weight; Price Target Is 33 Yuan
Returns On Capital At Chacha Food Company (SZSE:002557) Have Hit The Brakes
Chacha Food (002557.SZ): Since the second quarter, the purchase price of sunflower seed raw materials has remained basically the same as the purchase price in the first quarter.
ChaCha Food (002557.SZ) stated on the investor interaction platform on July 3 that the purchase price of sunflower seed raw materials has remained basically unchanged since the second quarter compared to the first quarter.
Chacha Food (002557.SZ): has not yet considered entering the coffee industry.
On July 3, Gelon Hui reported that an investor asked Chacha Food (002557.SZ) on the investor interaction platform, "Does your company consider entering the coffee industry? Do you plan to acquire Planet Beasts (Shenzhen) Health Technology Co., Ltd.?" The company replied that while focusing on melon seeds and nuts, it is also focusing on the development of other snack food categories and has not yet considered entering the coffee industry.
The Past Three Years for Chacha Food Company (SZSE:002557) Investors Has Not Been Profitable
Chacha Food (002557.SZ): The company's products are sold in both Panda Express and Yonghui Superstores.
Chacha Food (002557.SZ) stated on the investor interactive platform on June 24th that the company's products are sold in Panda Mart and Yonghui Superstores.
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