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The continuous inversion of raw milk prices has not resolved the "ranch crisis". Should we continue to slaughter cows?
①In the past year, the industry has been continuously 'slaughtering cows' to reduce overcapacity, but the situation of oversupply has not been reversed; ②The impact of oversupply of raw milk has fully appeared in the financial reports of large-scale farms and dairy enterprises; ③The current growth rate of raw milk production is further slowing down, and prices are expected to stabilize in the second quarter of 2025.
CHINA SHENGMU: INTERIM REPORT 2024
China Shengmu (01432) fell by 12.50%, now trading at 0.175 yuan, hitting a 52-week low.
As of 11:10, China Shengmu (01432) has fallen by 12.50% from the previous closing price, now trading at 0.175 yuan, hitting a new 52-week low. The volume was 0.127 million shares, with a turnover of 0.0225 million Hong Kong dollars.
China Shengmu Organic Milk Logs Wider Loss in H1
China Shengmu Reports Varied Mid-Year Financials
Express News | China Shengmu Organic Milk H1 Net Income Attributable RMB -143.7 Million
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