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August is the peak period of profitability for pig enterprises, with daily profits exceeding one billion yuan. | Industry News
①In August, the pig market continued to recover, with sales prices of major pig companies reaching a new high this year; ②The peak of profitability for pig companies still focuses on reducing costs and increasing efficiency. Muyuan Foods, Shennong Group, and Wens Foodstuff Group have all reduced their fully loaded costs to below 14 yuan/kg; ③Some industry insiders believe that breeding companies will continue to maintain a considerable profit trend this year.
midea group co., ltd, the fastest IPO next week, fundraising may reach $4 billion, expected to become the largest IPO on the Hong Kong Stock Exchange in nearly three years.
midea group co., ltd, the fastest IPO next week, fundraising may reach $4 billion, expected to become the largest IPO on the Hong Kong Stock Exchange in nearly three years.
The pig market is recovering, and new hope liuhe has significantly reduced losses in the first half of the year. However, the fodder business is quietly under pressure. Interpretations of the financial report.
① The recovery of the pig market supported New Hope's significant reduction in losses in H1, and turned losses into profits in Q2. ② The company's fodder business is under pressure, with a 16% YoY decrease in revenue and a 0.79 percentage point decline in gross margin. ③ Some industry experts pointed out that pig prices are expected to remain high in the second half of the year, and the third and fourth quarters will be the main profit period for pig enterprises.
Intensified competition on the supply side, shuangliang eco-energy systems, the new star of silicon wafers, suffered a loss of over 1 billion yuan in the first half of the year. | Interpretations of financial reports
①Shuangliang Eco-energy Systems reported a net loss of over 1.2 billion yuan in the first half of the year, with a loss of 0.963 billion yuan in the second quarter, marking the largest quarterly loss in nearly five years. ②The company's asset-liability ratio has reached 81.5%, indicating significant debt repayment pressure. ③The current silicon wafer price is in a fierce game, and in the medium to long term, the supply-demand pattern of silicon wafers is clearly improving, which will provide some support for this round of price increases.
As the economic cycle warms up and cost reduction measures are implemented, this billion-dollar giant has started making money again, but its stock price remains weak. | Interpretation of the financial report.
①The combination of the warming cycle and cost reduction and efficiency improvement resulted in Wens Foodstuff Group achieving a net income of 2.563 billion yuan in the second quarter of Q2. ②Since August, multiple institutions have released performance forecasts for the company in 2024, with the highest value being 10.44 billion yuan, a substantial increase from the beginning of the year. ③Compared to the positive performance, the company's performance in the secondary market has been somewhat lackluster. Since June, the stock price has dropped by 17.74%.
How is the market outlook for vitamins? Zhejiang Nhu's Q2 net profit of 1.335 billion yuan hit a record high|Interpretations of financial reports
①The vitamin bull market significantly boosts manufacturers' performance; ②zhejiang nhu's Q2 net profit hits a record high for the same period in history; ③The company benefits from a high proportion of overseas business; ④The increase in the third quarter expands, further benefiting manufacturers.