Haoxiangni faces a difficult profitability dilemma, expecting net income to be in the red for three consecutive years | Interpretations
① Haoxiangni expects a net income loss of between 52 million yuan and 75 million yuan last year, marking the third consecutive year of losses; ② Based on the third-quarter report, the revenue growth of Haoxiangni is accompanied by high sales expenses. ③ With the support of concepts such as 'WeChat Small Shop', Haoxiangni has recently been favored in the secondary market, but the company indicates that the income from this channel is relatively low.
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%.
Stock price rose for four consecutive days. Lianhua Holdings' net profit for the first three quarters is expected to increase by over 60%. | Interpretations
1. Lotus Holdings announced today that the company's attributable net income for the first three quarters is expected to be 16 to 17 billion yuan, a year-on-year increase of over 60%; 2. Looking at the quarter by quarter performance, Lotus Holdings has maintained a growth in net income for four consecutive quarters. The net income for the third quarter of 2024 may reach a new high in quarterly profit in nearly three years; 3. Currently, condiments such as MSG and amino acid seasoning products are still the company's main business, while the computing power business is still in a loss-making phase.
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