Xiwang Foodstuffs Vice Chairman Sun Xinguo: The scale of the rapeseed oil business is expanding, and the sports nutrition product business is in a transformation stage. | Interview with Finance Specialist

①With the decline in prices of raw materials such as corn and protein, xiwang foodstuffs achieved high growth in performance in the first three quarters. The fourth quarter is the traditional peak season for corn oil, and it is expected that profits will further improve. ②The company's sports nutrition business has begun to grow steadily. In the first half of this year, the revenue share of xiwang foodstuffs' sports nutrition business accounted for nearly half, with a gross margin of 30.47%. The company plans to develop 2-3 major single products within two years.

cls.cnNov 8 09:14 ET

Chunxue Food: Focus on developing overseas markets, with export volume expected to increase by 40% year-on-year in 2024 | Direct coverage of the earnings conference

①Domestic chicken product sales and prices are below expectations, Chunxue Food's performance is under pressure this year; ②Director Zheng Weixin stated that the company's focus is on developing overseas markets, with exports expected to reach around 0.025 million tons in 2024, an increase of about 40%.

cls.cnNov 6 06:47 ET

Zhejiang Huatong Meat Products: Turned a loss in the first three quarters, high debt ratio, planning to increase related party transactions | Financial Report Interpretation

Zhejiang Huatong Meat Products reversed losses in the first three quarters year-on-year, but the debt ratio remains high, reaching 74.42%; Zhejiang Huatong Meat Products also announced an expected increase in related trade of 80 million yuan, with 0.276 billion yuan already incurred, a 1.17 times increase compared to last year.

cls.cnOct 30 06:46 ET

The l single product strategy resulted in 'rising costs, declining income' for Qianwei Central Kitchen, the first negative growth in three years since going public. | Interpretations of financial reports

①Three years after its listing, Qianwei Yang Chu handed in its first financial report with negative growth, with the net income declining year-on-year in the first three quarters; ②In the first half of the year, in response to the rising operating pressure, Qianwei Yang Chu had increased the development and promotion efforts of strategic single products, but by the third quarter, the company's revenue declined instead of increasing, with expenses significantly increasing.

cls.cnOct 29 09:53 ET

Pre-cooked food not selling well? Anjoy Foods Group's H1 performance growth rate has dropped to single digits | Interpretation of financial report

In the first half of this year, Anjoy Foods Group's net income increased by 9.17% year-on-year, but net income in the second quarter fell by 2.51% year-on-year. Among its main products, the revenue growth of instant noodles and pre-cooked foods declined significantly compared to the same period in 2023. As of the end of the reporting period, the company had a total of 2060 dealers, an increase of 96 from the beginning of the period.

cls.cnAug 19 08:41 ET

Did the “stop reducing holdings” expectations come true? Yasui Foods opened 5% higher after the actual controller was changed

Restoring market confidence starts with no reduction in holdings.

wallstreetcnSep 11, 2023 03:08 ET