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SWANGCHAICHUAN: CLARIFICATION ANNOUNCEMENT IN RELATIONTO THE INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Shuangcai Village (02321) announced its interim performance, with a net profit of 14.283 million ringgit, a decrease of 13.17% year-on-year.
Shuangcai Zhuang (02321) released its interim performance for the six months ending on June 30, 2024, during which the group achieved...
SWANGCHAICHUAN: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
SWANGCHAICHUAN: SUPPLEMENTAL ANNOUNCEMENT
Shuangcai Village (02321.HK) will hold a board of directors meeting on August 28 to approve the mid-year performance.
On August 12th, GeLongHui announced that the board of directors of Shuangcai Zhuang (02321.HK) will hold a meeting on August 28th, 2024, to consider and approve the proposed mid-term performance of the company and its subsidiaries as of June 30th, 2024, as well as the distribution of interim dividends (if any).
Soochow Securities: The food and beverage sector is in a stage of low-to-medium-speed transformation, and the rebound of the sector is waiting for the clearance of the business performance risk of listed companies or the reversal of demand expectations.
The current valuation of the food and beverage sector is relatively low, primarily due to concerns about future cash flow and profit downgrades. Short-term market pessimism has had an impact on the sector, and the sector's rebound is awaiting clarification of listed company performance risks, or a reversal of demand expectations, the latter depending on proactive fiscal and monetary policies at the macro level or verification of seasonal sales at the middle level.
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