YST Dairy (01431.HK) plans to sell all shares of Shaanxi Ruixiang Chengda Dairy for 50.2 million yuan.
On June 12, Gorun Hui announced that YST Dairy (01431.HK) signed an equity transfer agreement with the buyer's fully owned subsidiary on June 12, 2024. The seller has agreed to sell the equity, and the buyer has agreed to acquire all the equity in Shaanxi Ruixiang Chengda Dairy Co., Ltd. The cash consideration is RMB 50.2 million. The target company is mainly engaged in goat farming and the sale of raw goat milk. The Board of Directors is not optimistic about the future development of the goat milk industry and expects the industry to not recover in the near future. After considering the operation and financial information of Shaanxi Ruixiang Chengda Ranch.
Express News | YuanShengTai Dairy Farm Sees Gain From Disposal of RMB9.8 Mln
Express News | YuanShengTai Dairy Farm - Disposal of Stake for RMB50.2 Mln
Express News | YuanShengTai Dairy Farm Ltd - Disposal of Entire Equity Interest in Shaanxi Ruixiang Chengda Dairy Farming
YST DAIRY: SUPPLEMENTAL ANNOUNCEMENT TO THE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023
YST DAIRY: ANNUAL REPORT 2023
Primitive Animal Husbandry (01431) announced annual results. Shareholders should have accounted for a loss of 339 million yuan in year-on-year profit and loss
According to the Zhitong Finance App, Original Ecological Animal Husbandry (01431) announced its annual results for the year ended December 31, 2023. The group obtained revenue of RMB 2,209 million (same unit), an increase of 5.66% over the previous year; losses attributable to the company owners were 339 million yuan, compared with a profit of 25.68 million yuan for the same period last year; loss per share. In terms of herd size and yield, Gensho is one of the leading dairy cattle herding companies in China. During the year, the Group's raw milk sales increased 12.2% to 460,000 tons compared to 410,000 tons in 2022, and sales of raw goat milk this year compared to 1,463 tons in 2022
YST DAIRY: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Primitive Animal Husbandry (01431.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui March 18 | Primitive Animal Husbandry (01431.HK) announced that the company will hold a board meeting on March 28, 2024 to adopt the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider the payment of a final dividend (if any).
China Feihe Forecasts Lower Profit for 2023
YuanShengTai Dairy Farm Forecasts Loss in 2023
YuanShengTai Dairy Farm: Decrease in Raw Milk Prices, Impairment Loss Among Factors Hurting Results
YuanShengTai Dairy Farm: 2023 Likely Between CNY320.0M to CNY370.0M
YuanShengTai Dairy Farm Expects to Swing to Loss for 2023
Primitive Animal Husbandry (01431.HK) Profit Warning: Expected annual net loss of about 320 million to 370 million yuan
On March 8, GLONGHUI | Primitive Animal Husbandry (01431.HK) announced that the company expects to record a net loss of about RMB 320 million to RMB 370 million for the year ending December 31, 2023, compared with a net profit of about RMB 23 million for the previous year. According to the Board of Directors, the net loss was mainly due to (i) changes in the fair value of biological assets due to a decrease in the price of raw milk, resulting in increased losses in sales costs; and (ii) impairment losses recorded by the property, plant and equipment of an indirect wholly-owned subsidiary of the company.
YuanShengTai Dairy Farm's CEO Steps Down, Successor Named
Primitive Animal Husbandry (01431): Zhang Yongyong appointed as Executive Director
Primitive Animal Husbandry (01431) issued an announcement. Fu Wenguo has proposed the resignation of the company's executive director and manager due to other official duties...
YST DAIRY: Interim Report 2023
Original Animal Husbandry (01431.HK) Affiliated Purchase of Structured Deposit Products
Glonghui, September 11丨Original Animal Husbandry (01431.HK) announced that on April 4, 2023, Kedongyong, a wholly-owned subsidiary of the company, entered Yuanyuan Ecology to purchase structured deposit products from the Agricultural Bank. The returns of this product are variable, linked to the performance of the financial product portfolio, and the yield is not guaranteed.
Key Signals from Hyundai Animal Husbandry (01117) 2023 Interim Financial Report
Factors such as the expansion of the business, the increase in the amount of milk per unit, the reduction in capital expenses, and the transfer of reserve cows to lactating cows are catalysts that will drive the future free cash flow expectations of the modern animal husbandry industry to continue to rise, and the dividends in return to shareholders will also increase.
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