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Central China: In February, the prices of livestock and poultry showed weak running, while Pet Food export data welcomed a "good start."
In early February, after the Spring Festival, the market is in a situation of oversupply, with pig prices running weakly; China's Pet Food export data is warming up, and the fundamentals of related companies are expected to improve.
Petpal Pet Nutrition Technology (300673.SZ): has significant production capacity in both Vietnam and Cambodia.
On March 18, Glonghui reported that Petpal Pet Nutrition Technology (300673.SZ) stated on the investor interaction platform that although the company's self-owned brand Business in China is growing quickly, the current scale and proportion of export Business remains significant, and the company has been keeping a close eye on tariff issues. At present, the changes in tariff policy have not had a major impact on customer Orders, and the Southeast Asian factory has basically been able to fully undertake Orders from USA customers. The company has significant production capacity in both Vietnam and Cambodia, and plans to increase the production capacity of its Vietnam factory by an additional 2,000 tons to respond to future increments in overseas markets, with the expected new capacity to be put into operation in 2026.
Petpal Pet Nutrition Technology (300673.SZ): There are no related plans for a robotic dog business.
Gelonghui reported on March 12 that Petpal Pet Nutrition Technology (300673.SZ) stated on the investor interaction platform that the company's current main business is the research and development, production, and sales of pet (dog and cat) food, and there are no related plans for a robotic dog business.
Petty Shares: 2024 Annual Results Forecast
The trend of pet ownership is sweeping across the country and abroad. Petpal Pet Nutrition Technology expects a significant increase in profits in 2024 | Interpretations
① The scale of pet owners both domestically and internationally continues to expand, with an increasing number of dogs and cats globally. The profitability of related companies in Pet Food and supplies in China is generally improving; ② Petpal Pet Nutrition Technology's Jueyan brand of dog snacks has a solid market position, and Jueyan's main food has made some progress on the Douyin platform.
Petpal Pet Nutrition Technology (300673.SZ): Expected profit for 2024 is between 0.181 billion yuan and -0.205 billion yuan.
On January 21, Gelonghui reported that Petpal Pet Nutrition Technology (300673.SZ) announced its performance forecast for 2024, expecting a net income attributable to shareholders of the listed company to be between 0.181 billion yuan and 0.205 billion yuan, compared to a loss of 11.0911 million yuan in the same period last year; the net income after deducting non-recurring gains and losses is expected to be between 0.1803 billion yuan and 0.2043 billion yuan, while the same period last year had a loss of 6.8509 million yuan. During the reporting period, the company focused on its main business, concentrating on the Pet Food Industry, and continuously implemented the "one body, two wings" Global Strategy, achieving profitability while significantly increasing annual performance, mainly in the following aspects.