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.
Meat Processor Henan Shuanghui’s Profit Tanks 52% in Q3 as Revenue Disappoints
Henan Shuanghui Investment's January-September Profit Drops on Higher Expenses, Impairment Loss
Orient Group Gets Waiver for Buyout of United Energy in Potential Restructuring; Shares Jump 5%
What is the reason for the sudden outbreak of the papermaking plate? There is a divergence of views on the organization.
On Thursday, September 23, the papermaking sector rose rapidly after opening high, and the overall intraday plate rose nearly 7%, leading the two cities higher. In terms of individual stocks, as of press time, more than 10 stocks, such as Yibin Paper, Sun Paper, and Castle Peak Paper, have risen by the daily limit, and reliable shares have risen by more than 15%. There are two main reasons for the sudden strong rise of the papermaking sector: first, the papermaking enterprises have announced a new round of price increases; second, the traditional peak season of the papermaking industry is approaching. Driven by these two factors, the papermaking plate broke out strongly. According to a report by CCTV Finance, since August, many papermaking enterprises have issued price increase letters many times, announcing that the