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CHINA SHENGMU (01432.HK) held a Board of Directors meeting on March 26 to approve the annual performance.
Gelonghui reported on March 11 that CHINA SHENGMU (01432.HK) announced that it will hold a Board of Directors meeting on March 26, 2025 (Wednesday) to approve the Group's annual results for the year ending December 31, 2024, and related releases, and to consider the recommendation for the distribution of a final dividend at its discretion.
[Brokerage Focus] Huafu Securities initiates a "Buy" rating on CHINA SHENGMU (01432), indicating that its growth potential is expected to gradually emerge against the backdrop of healthy consumption trends.
Jinwu Financial News | Huafu Securities Research points out that CHINA SHENGMU (01432) is the largest organic raw milk producer in the country. Currently, Mengniu Group Holds 29.99% of the company's shares, making it the largest Shareholder. By deeply integrating with downstream dairy companies, it can smooth out the uncertainties brought by the cyclical nature of raw milk prices in production and Operation, while also gaining financial support from Mengniu to share growth. The firm indicates that as the per capita consumption level in the country increases year by year, the accumulation of personal wealth and the rise of the emerging middle class will drive Consumption Upgrade, providing a foundation for the promotion of high-end organic milk. Organic milk, from the sourcing of Fodder, to
Debon Securities: Policies emphasize boosting Consumer and focus on the subsequent demand recovery.
The bank recommends focusing on leading companies in sectors that have strong control over upstream and downstream supply chains, channels, and products amid fundamental changes, as well as sectors where year-round profits are likely to exceed expectations due to cost advantages.
China Shengmu Organic Milk Issues Profit Warning Amid Market Challenges
CHINA SHENGMU (01432.HK) expects an annual loss of 60 to 80 million yuan.
On February 14, Glorious reported that CHINA SHENGMU (01432.HK) announced that for the year ending on December 31, 2024, the Group expects to record a loss attributable to owners of the parent company between RMB 60 million and RMB 80 million, compared to a profit of RMB 86.1 million attributable to owners of the parent company in the same period of 2023; the Group is expected to record Cash / Money Market EBITDA between RMB 930 million and RMB 980 million during the reporting period, a decrease of approximately RMB 11 million to RMB 61 million compared to the same period in 2023. The expected loss during the reporting period is primarily attributed to
Express News | China Shengmu Organic Milk - Expected Loss Due to Decline in Sales Volume and Rev, Others
