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WH Group Schedules Board Meeting to Approve Annual Results
WH GROUP (00288.HK) plans to hold a Board of Directors meeting on March 25 to approve the annual performance.
Glory Financial reported on February 25 that WH GROUP (00288.HK) announced that the Board of Directors will hold a meeting on March 25, 2025 (Tuesday), to consider and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and to consider the distribution of the annual dividend (if any).
WH GROUP: NOTIFICATION OF BOARD MEETING
Morgan Stanley has given WH GROUP a "Shareholding" rating with a Target Price of 7.5 Hong Kong dollars.
Morgan Stanley released a Research Report stating that it has resumed coverage of WH GROUP (00288) and assigned a "Shareholding" rating with a Target Price of 7.5 HKD. WH GROUP has shifted its strategy towards enhancing profitability across various business divisions to mitigate the cyclical fluctuations of major market Commodities, with an emphasis on improving profit margins this year. Morgan Stanley indicated that WH GROUP is streamlining US hog production capacity to move towards a healthier upstream business, while the focus for packaged meat will be on further improving pricing and cost control in the US operation. Although demand is under pressure from inflation, the profitability of packaged meats was still able to improve year-on-year in the fourth quarter of last year due to controlled Logistics costs and higher average selling prices.
WH Group Announces Partial Exercise of Over-Allotment Option in Smithfield Spin-Off
Express News | WH Group - Following Partial Exercise of Over-Allotment Option, Shareholding of Co in Smithfield Will Be Reduced to 92.7%
