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Wen\'s Co., Ltd.: 2024 performance forecast
The leading pork company has made a significant announcement! It is expected that revenue will break 100 billion for the first time since going public, and net income will turn from loss to profit.
The Industry is moving towards "cost competition".
The "flying" pigs! Wens Foodstuff Group expects its revenue to surpass 100 billion yuan for the first time in 2024, with profits nearing 10 billion yuan | Quick announcement.
① Wens Foodstuff Group expects to achieve revenue exceeding 100 billion yuan and a net income of 9 billion-9.5 billion yuan in 2024; ② Analysts believe that the company's performance meets expectations but does not exceed them, which is considered normal; ③ In contrast to the impressive performance, Wens Foodstuff Group's stock price has dropped a cumulative 16.66% throughout the year 2024.
Express News | Wens Foodstuff Sees 2024 Net Profit 9-9.5 Bln Yuan
Wens Foodstuff Group (300498.SZ) has repurchased a total of 33.6498 million shares, spending 0.6 billion yuan.
Wens Foodstuff Group (300498.SZ) announced that as of December 31, 2024, the company has repurchased shares through a special...
Guolian: In 2025, the supply of live pigs is expected to enter a relaxed situation, and pig prices are anticipated to be under pressure.
Before the Spring Festival, Pork consumption will enter the traditional peak season, coupled with consumer demand from winter cured meats and holidays like New Year's Day, which is expected to keep Hog Farming profitable before the Spring Festival. In 2024, breeding sow capacity will begin to recover slowly, and by 2025, the supply of hogs will enter a relaxed situation, with pork prices expected to come under pressure.
Investors Aren't Entirely Convinced By Wens Foodstuff Group Co., Ltd.'s (SZSE:300498) Revenues
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