Angel Yeast (SHSE:600298) Takes On Some Risk With Its Use Of Debt
Tianfeng: Q3 income growth of the csi sws food & beverage index accelerated sequentially, and profit elasticity may be released.
tianfeng Securities released a research report stating that overall, the csi sws food & beverage index Q3 performance showed steady growth, with accelerated growth quarter-on-quarter, and continuous release of profit elasticity.
Angel Yeast Turns Automation Into Opportunity, Ensuring No Job Losses
Zheshang Securities: Offline retail in 24Q3 declined year-on-year but improved month-on-month. Dining channels are still undergoing repairs.
In the third quarter of 2024, the growth rate of mainstream products was 0.17%, a decrease of 5.40 percentage points. In terms of sectors, the segments that performed relatively well in the third quarter of 2024 were leisure snacks and condiments.
Angel Yeast's (SHSE:600298) Shareholders Have More To Worry About Than Only Soft Earnings
Angel Yeast: Angel Yeast Co., Ltd. Third Quarter Report 2024
Angel Yeast Co., Ltd. Report for the third quarter of 2024
Angel Yeast Co., Ltd. announced regular industry-related operating data for the first three quarters of 2024
Are Robust Financials Driving The Recent Rally In Angel Yeast Co., Ltd's (SHSE:600298) Stock?
Innovation at the Forefront: Angel Yeast Shines at FHA 2024
Angel Yeast Co., Ltd's (SHSE:600298) Intrinsic Value Is Potentially 25% Below Its Share Price
Angel Yeast Co.,Ltd. (600298.SH): The company's business operation in the third quarter is stable, and all business operations are steadily advancing.
Gelonghui October 9th | Angel Yeast Co., Ltd. (600298.SH) stated during a specific interview that the company's operations in the third quarter were stable, with various business operations steadily progressing. Among them, overseas operations continued the growth rate from the first half of the year, maintaining a positive development momentum; domestic operations have recovered somewhat as demand picks up, with an overall good situation.
The Three-year Loss for Angel Yeast (SHSE:600298) Shareholders Likely Driven by Its Shrinking Earnings
Angel Yeast to Issue 2 Billion Yuan Bonds
The subsidiary Hongyu Packaging of Angel Yeast Co., Ltd. (600298.SH) can resume normal production by repairing the suspended production equipment.
Angel Yeast Co.,Ltd. (600298.SH) announced that, according to the previous announcement, the company's holding subsidiary Hubei Hongyu New Packaging Materials Co., Ltd...
Angel Yeast Co.,Ltd. (600298.SH): Publicly issued corporate bonds not exceeding 2 billion yuan.
Grain news on September 25 | Angel Yeast Co., Ltd. (600298.SH) announced that the face value of the corporate bonds issued this time is RMB 100, issued at par, with a total size not exceeding RMB 2 billion (inclusive), issued in one or more phases. The corporate bonds issued this time are fixed-rate bonds, with interest calculated on an annual simple interest basis, not compound interest.
Angel Yeast Co.,Ltd. (600298.SH): Intends to establish a subsidiary in India and acquire land.
On September 25, Angel Yeast Co.,Ltd. (600298.SH) announced that in order to optimize the global yeast production layout, accelerate the international global strategy, the company plans to jointly invest with Indonesia PT.Tunas Baru Lampung Tbk (hereinafter referred to as the Indonesian SANAN company) to establish a subsidiary in Lampung Province, Indonesia (hereinafter referred to as the Indonesian company) and purchase land for yeast manufacturing projects. The registered capital of the subsidiary is 800 billion Indonesian Rupiah (equivalent to approximately 0.381 billion yuan), with the company's investment of 640 billion Indonesian Rupiah (equivalent to approximately 0.305 billion yuan).
tianfeng Securities: The performance of the seasoning and fermentation business grows steadily, and the incentive plan reflects confidence & cost reductions release elasticity.
Seasoning and fermented products revenue is steadily increasing, with a significant improvement in profit, and profit growth rate higher than revenue growth rate.
Angel Yeast Co.,Ltd. (600298.SH): Subsidiary experienced a general safety incident
Gelonghui September 24th | Angel Yeast Co.,Ltd. (600298.SH) announced that recently, the company learned that its controlling subsidiary Hubei Hongyu New Packaging Materials Co., Ltd. (referred to as Hongyu Packaging) had an accident in the printing section during the production process, resulting in the death of a night shift operator after rescue efforts. After the accident, Hongyu Packaging immediately initiated an emergency response plan and organized rescue work. The company and Hongyu Packaging leaders rushed to the scene for accident handling, reported to the relevant competent authorities in accordance with the prescribed procedures, actively cooperated with the relevant departments in the accident investigation, and properly handled the aftermath. Currently, Hongyu Packaging has received emergency management from Yiling District, Yichang City.
Angel Yeast Co., Ltd's (SHSE:600298) Largest Shareholders Are Private Companies With 39% Ownership, Individual Investors Own 38%
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