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Jiangsu Hengshun Vinegar-Industry Co.,Ltd's (SHSE:600305) Share Price Not Quite Adding Up
Hengshun Vinegar Industry: Report of Jiangsu Hengshun Vinegar Co., Ltd. for the third quarter of 2024
Jiangsu Hengshun Vinegar Co., Ltd. announced regular industry-related business data for the third quarter of 2024
Jiangsu Hengshun Vinegar Co., Ltd. Report for the third quarter of 2024
Jiangsu Hengshun Vinegar-Industry (600305.SH): The net income for the first three quarters was 0.12 billion yuan, a year-on-year decrease of 13.08%.
Gelonghui October 30th | Jiangsu Hengshun Vinegar-Industry (600305.SH) announced that in the first three quarters of 2024, the total operating income was 1.531 billion yuan, a 6.51% year-on-year decrease; net income attributable to shareholders of the parent company was 0.12 billion yuan, a 13.08% year-on-year decrease; and the basic earnings per share was 0.1089 yuan.
Jiangsu Hengshun Vinegar-Industry (600305.SH): Intends to transfer 76.8375% equity of the bioengineering company for 33.5807 million yuan.
Jiangsu Hengshun Vinegar-Industry (600305.SH) announced on October 30 that, in order to revitalize existing assets, optimize resource allocation, and achieve high-quality development, the company plans to transfer 76.8375% equity of the biological engineering it holds to Hengshun Group through private agreement transfer. The transfer price is 33.5807 million yuan. Hengshun Group will pay the above price in cash. The price of this equity transfer is based on the value of the biological engineering shareholder equity evaluated by an intermediary institution in accordance with the Securities Law. After the completion of this transaction, the company will no longer hold biological engineering equity. There will be changes in the company's consolidated financial statements scope.
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