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Does Hunan New WellfulLtd (SHSE:600975) Have A Healthy Balance Sheet?
Summary of Hunan New Wellful Co., Ltd.'s 2024 Interim Report.
Hunan New Wellful Co., Ltd. Semi-annual Report 2024
Hunan New Wellful (600975.SH): Net loss of 247 million yuan in the first half of the year.
Hunan New Wellful (600975.SH) released its 2024 interim report, achieving revenue of 3.233 billion yuan, a YoY growth of 28.55%, and a net loss of 0.247 billion yuan attributable to the company's shareholders. During the reporting period, the revenue increased by 28.55% compared to the same period last year mainly due to the growth of the scale of live pig slaughtered, the recovery of live pig market prices in the second quarter, which led to an increase in revenue.
Hunan New Wellful (600975.SH) plans to establish a branch in Loudi.
On August 9th, Gelonhui reported that Hunan New Wellful Co., Ltd. (stock code: 600975.SH) plans to establish its branch in Loudi, Hunan to create a non-epidemic zone for the development of pig breeding business.
Hunan New Wellful (600975.SH): The direct controlling shareholder has been changed to an agriculture group.
On August 7th, Gelunhui reported that Hunan New Wellful (600975.SH) announced that on August 6th, 2024, it received a notice from its indirectly-controlled shareholder, Agricultural Group, about the transfer of the equity of six companies, including Hunan New Wellful Limited, held by Hunan Province Modern Agricultural Industry Holding Group Co., Ltd. to Hunan Agricultural Development Investment Group Co., Ltd. (Xiangnongfatou [2024] No. 49). It was decided to transfer the 19.32% equity of New Wellful held by Modern Agricultural Group (243,642,903 shares in total) and the 100% equity of Hunan Grain and Oil Food Import and Export Group Co., Ltd. held by Modern Agriculture Group (with a registered capital
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