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Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Seems To Use Debt Quite Sensibly
SUKEN NONGFA: SUKEN NONGFA 2024 ANNONGFA RESULTS ANNOUNCEMENT
SUKEN Agricultural Development 2024 Annual Results Report Announcement
Jiangsu Provincial Agricultural Reclamation and Development (601952.SH): In 2024, the net income decreased by 10.75% year-on-year.
Gelonghui reported on January 20 that Jiangsu Provincial Agricultural Reclamation and Development (601952.SH) announced its performance brief for 2024. In 2024, the company's total revenue decreased by 1.207 billion yuan compared to the same period last year, a decline of 9.92%. The net income attributable to shareholders of the listed company decreased by 87.7042 million yuan compared to the same period last year, a decline of 10.75%. This is mainly due to the drop in sales prices of Chicago SRW Wheat and wheat seeds, a slowdown in sales progress, and the narrowing of profit margins during the reporting period.
Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Shareholders Have Earned a 8.3% CAGR Over the Last Five Years
Jiangsu Provincial Agricultural Reclamation and Development (601952.SH): Merger and acquisition project for Yuchen Flour project established.
On December 23rd, Gelonghui reported that Jiangsu Provincial Agricultural Reclamation and Development (601952.SH) announced a meeting of the Fourth Board of Directors, the thirty-eighth session, scheduled for December 23, 2024, to review and approve the "Proposal for the Merger and Acquisition of the Yuchan Flour Project." The company agreed to initiate the merger and acquisition of the Yuchan Flour Project, planning to invest in controlling Yuchan Flour through a combination of cash payment, equity transfer, and capital increase, ultimately acquiring 70% of the equity of Yuchan Flour (hereinafter referred to as "this Private Equity investment transaction"). The transaction price for this Private Equity investment will be assessed based on the evaluation report issued by the evaluation institution engaged by the company.
Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd (SHSE:601952) Sheds 6.6% This Week, as Yearly Returns Fall More in Line With Earnings Growth
