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Shanghai Bright Meat Group Co., Ltd.'s (SHSE:600073) Price Is Out Of Tune With Earnings
Guangming Meat Industry 2024 Semi-Annual Report
Summary of Guangming Meat\'s 2024 Semi-Annual Report
Guangming Meat (600073.SH): Net income for the first half of the year was 0.25 billion yuan, a year-on-year decrease of 24.17%.
Guangming Meat (600073.SH) released its semi-annual report on August 29th. During the reporting period, the company achieved revenue of 11.602 billion yuan, an increase of 0.192 billion yuan compared to the same period last year, with a growth rate of 1.68%. The net income attributable to shareholders of the listed company was 253.3483 million yuan, a decrease of 80.7357 million yuan compared to the same period last year, with a decrease of 24.17%. The net income attributable to shareholders of the listed company after non-recurring items was 176.197 million yuan, a decrease of 90.34 million yuan compared to the same period last year.
Guangming Meat Industry (600073.SH): Received government subsidies of 16.61 million yuan.
On July 29, Bright Foodstuff Group (600073.SH) announced that the company and its subsidiaries received a total of 16.61 million yuan in various government subsidies from January 1, 2024 to June 30, 2024.
Guangming Meat Industry (600073.SH): Appoints Li Junlong as the company's CEO.
On July 22, Guongming Meat Industry (600073.SH) announced that on July 22, 2024, the company held the 24th meeting of the 9th Board of Directors, which approved the "Proposal on Appointing the Company's President," "Proposal on Appointing the Vice President of the Company," and "Proposal on Appointing the Company's Chief Financial Officer." In accordance with the company's articles of association, "Board of Directors Meeting Rules" and "Rules for the Work of the President" and other institutional regulations, the board of directors agreed to appoint Mr. Li Junlong as the company's president, Mr. Wang Wei as the vice president of the company, and Mr. Zheng Weifeng as the company's chief financial officer, with a term from the day of approval by the Board of Directors to the 9th Board of Directors.
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