The recovery of pork prices has driven a significant increase in the performance of the "Noodle King." Chen Ke Ming Food Manufacturing expects to turn profits in 2024 with net income returning to the positive | Interpretations

① Chen Ke Ming Food Manufacturing expects to achieve a Net income of 0.12 billion yuan to 0.18 billion yuan in 2024, turning losses into profits year-on-year; ② In 2024, the price of live pigs is expected to rebound, and Chen Ke Ming Food Manufacturing is likely to return to profitability. However, due to capacity constraints, the revenue from the live pig Sector may have difficulty keeping pace with the soaring pig prices.

cls.cnJan 22 10:59 ET

Warned for issues such as inaccurate disclosure of executive compensation, the latest response from the management of Ant Financial College. | Speed reading announcement

①Today, the management of Jiaoda Angli held a media communication meeting to respond to the issues mentioned in the warning letter from the Shanghai Securities Regulatory Bureau received yesterday. ②Regarding the inaccurate disclosure of executive compensation, Jiaoda Angli stated that the specific situation involves the former management of the company purchasing group insurance and receiving refunds to individual accounts. ③The company has filed a lawsuit against the then executives and related personnel, with the case involving a value of 21.0393 million yuan.

cls.cnDec 4, 2024 09:15 ET

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, 2024 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, 2024 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, 2024 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, 2024 09:53 ET