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Dekon Food and Agriculture Group's (HKG:2419) P/S Is On The Mark
Express News | DEKON Food and Agriculture - Hy Revenue RMB9.41 Bln Vs RMB7.5 Bln
Express News | DEKON Food and Agriculture - Hy Profit Attributable RMB1.77 Bln
DEKON AGR: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Huachuang Securities: White chicken prices rebound in July, and industry profits may improve in the second half of the year.
From a long-term perspective, the cost-effectiveness and economic advantages of white chicken as the animal protein with the lowest feed-meat ratio will be further demonstrated, highlighting the long-term growth potential of the industry.
Hong Kong stock market concept tracking | Nearly 90% of listed hog farming enterprises saw income growth in July. Leading hog farming companies have improved profitability. (See concept stocks)
The rise in pork price from the beginning of the year to now is mainly driven by supply contraction.
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