Key customer loss, fortune ng fung food admits "it is the responsibility of the company's board of directors and management team" | Direct hit earnings conference

①Li Liang, the chairman of Fortune Ng Fung Food, stated at the company's performance briefing that the intensity of market competition has increased, and the loss of important customers is the responsibility of the board of directors and management; ②Some investors are dissatisfied with the company not only because of poor performance, but also due to frequent internal control issues over the years.

cls.cnOct 10 06:49 ET

The State Tobacco Monopoly Administration has released new regulations on electronic cigarettes, and there is expected to be further improvement in market share for leading companies.

The State Tobacco Monopoly Administration issued a notice on the revision and implementation of the Regulations on the Management of Electronic Cigarette Transactions. The notice mentions that the competent administrative department of tobacco monopoly of the State Council will establish a nationwide unified electronic cigarette trading management platform. Caitong Securities' Lv Mingzhang pointed out that in the long term, non-compliant products will gradually be cleared, and market share is expected to further concentrate, which is bullish for leading companies in production, brand and other aspects.

cls.cnSep 2 19:47 ET

Yuan Longping High-Tech Agriculture's H1 turned losses into profits year-on-year, but high three expenses and debt ratio still face challenges on the 'slimming' road. | Interpretations

①Yuan Longping High-tech Agriculture achieved a net income of 111 million yuan in H1, turning losses into profits year-on-year; ②After deducting non-recurring items, the company's losses are expanding, with investment income from the disposal of part of the equity of Yuan Longping Biology in the first half of the year amounting to 340 million yuan; ③During the period, the company's expenses increased compared to the same period last year, and the debt ratio also slightly increased from the end of last year.

cls.cnAug 28 09:06 ET

Is it difficult to lose weight? During the period, expenses have surged and gross margin has declined. Dayu Irrigation Group's performance in the first half of the year has not outperformed its business. | Interpretation of financial statements

1) Dayu Irrigation Group achieved a revenue of 1.216 billion yuan in the first half of the year, a year-on-year increase of 9.31%, and a net income of 18.86 million yuan, a year-on-year decrease of 22.98%; 2) During the reporting period, the company's financial expenses, sales expenses, and management expenses all showed significant increases; 3) The company's short-term borrowings amounted to 0.997 billion yuan, with a total of 2.476 billion yuan in notes payable and accounts payable, and only 1.058 billion yuan in cash on hand.

cls.cnAug 21 19:36 ET

The financing window has narrowed, and Haida Group's fixed growth has been blocked, and the small loan business has become the focus of regulatory attention

Is it “Tuyi Fun” to pay back the financing without losing money?

wallstreetcnSep 20, 2023 21:39 ET

December 24 review: With sufficient reserve momentum this week, next week saw a substantial increase in trading volume as block orders targeted 5 stocks.

On December 24th, the three major indices opened higher and then fell back, with the Shanghai Composite Index maintaining a low consolidation, while the ChiNext Price Index led the decline in the two cities. In terms of sectors, the medical sector collectively surged, with traditional Chinese medicine stocks leading the gains, while food processing, retail, and other consumer stocks were active against the trend; new energy sectors such as lithium batteries, photovoltaics, and energy storage all fell across the board, with the heavyweight Contemporary Amperex Technology dropping over 9% intraday. The indices continued to weaken in the afternoon, with the ChiNext Price Index's decline expanding to 2.7% at one point. Stocks related to nurturing diamonds and the non-fungible token (NFT) concept surged, while sectors like autos, rare earths, fluorine chemicals, and digital currency remained sluggish. Overall, market sentiment is cooling, and individual stocks are showing a general downward trend in the two cities

新浪財經綜合Dec 24, 2021 02:46 ET