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《Results》Putian Food (01699.HK) reported a loss expanding to 1.04 billion yuan in 2022, with the auditor issuing no opinion.
Putian Food (01699.HK) announced its annual results for the year ending December 2022, with revenue of 0.499 billion RMB, a 20.6% decline year-on-year. Losses have widened to 1.04 billion RMB, compared to a loss of 0.266 billion RMB in the same period of 2021; loss per share is 55.04 cents. No dividends were declared. The independent auditor did not express an opinion.
Putian Food (01699) released its annual performance for 2022, with a shareholder loss of 1.04 billion yuan, an increase of 290.21% year-on-year.
Putian Food (01699) released the performance for the year ended December 31, 2022, and the group generated revenue within the period...
PUTIAN FOOD: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2022
Pork prices have fallen for three consecutive months. Has the economic cycle failed?
Recently, pork prices have shown a continuous downward trend, and the industry’s prosperity cycle not only failed to continue but is also showing signs of gradual collapse. The Wind Pork Industry Index has significantly underperformed the market.
China Putian Food to Announce Annual Results
putian food (01699.HK) plans to hold a board of directors meeting on November 21 to approve annual performance.
Grorich reported on November 12th that Putian Food (01699.HK) announced that it will hold a board of directors meeting on November 21, 2024 (Thursday), during which it will (including) (i) consider and (if applicable) approve the annual performance of the Group for the year ended December 31, 2022; and (ii) approve the publication of the said performance on the Stock Exchange and the Company's website.
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