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"Winter goes, spring comes"? After the sharp drop in white feather broiler prices, they have increased by 40%. Profitability at the breeding end, many farmers still have lingering fears | Industry observation
On March 13, the actual transaction price of ShanDong white feather broiler chickens rose to over 3.5 yuan per pound, a 40% rebound compared to the extreme Low Stock Price of "10 yuan for 4 pounds" a month ago. Listed companies such as Spring Snow Food indicated that the prices of segmented products have recently warmed up, and the shipping situation has also slightly improved; the industry stated that the recovery of the white feather chicken Industry Chain is related to the recent market being in a supply gap due to the Spring Festival, leading to a decrease in the overall market supply of live chickens.
LAM SOON (HK): 2024/25 Interim Report
Four Days Left Until Lam Soon (Hong Kong) Limited (HKG:411) Trades Ex-Dividend
Zhitong Hong Kong Stock Early Knowledge | Give Consumption Upgrade another boost! Five departments support the consumption upgrade of Autos, electronic products, home products, and more.
The State Administration for Market Regulation and four other departments issued the 'Three-Year Action Plan for Optimizing the Consumer Environment (2025-2027)'. Deeply implement actions to 'increase varieties', 'improve quality', and 'create brands' in the consumer goods industry, promote the construction of quality infrastructure, help enhance the quality linkage of the Industry Chain and supply chain, and strengthen quality, standards, and brand building in areas such as Autos, home appliances, home furnishings, electronic products, textiles and Outfits, and food.
LAM SOON (HK) (00411.HK) reported a 46% increase in interim profit to 0.188 billion Hong Kong dollars.
On February 19, Gelonghui reported that LAM SOON (HK) (00411.HK) announced that for the six months ending December 31, 2024, the group's revenue slightly increased by 1% to HKD 2,681,000,000 compared to the same period last year. The gross margin continued to improve by 1.7% to 23.6%, mainly due to favorable trends in prices of Chicago SRW Wheat and cooking oil, along with optimized sales mix and production cost effectiveness. Due to these factors, along with cautious cost management, the group's profit increased by 46% to HKD 188,000,000 during the period. The Board of Directors has approved the fiscal year ending June 30, 2025.
Express News | LAM Soon Hong Kong H1 Revenue HKD 2,681 Million
