03999 DACHAN FOOD
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DACHAN FOOD News
Announcement highlights | Several car companies' October performance revealed! byd company limited electric vehicles sales increased by 66.5% year-on-year, xpeng delivery volume hit a record high of 0.0239 million units, nio inc delivery 0.0209 million un
Geely Auto's total sales volume in October was 0.2267 million autos, an increase of approximately 28% year-on-year; Shenzhen Invest's contract sales in the first 9 months were approximately 7.931 billion yuan.
DaChan Food (Asia) Records 45% Lower Attributable Profit for Nine Months to September
Dachan Food (03999.HK): The net profit for the first three quarters was 36.91 million yuan, a decrease of 44.6% year-on-year.
Grain Alliance on November 1st | Dachan Food (03999.HK) announced that for the nine months ended September 30, 2024, it achieved operating revenue of 4.317 billion yuan, a 10.7% year-on-year decrease; gross profit was 0.544 billion yuan, a 4.4% year-on-year increase; the company's shareholders attributable net profit was 36.91 million yuan, a 44.6% year-on-year decrease; basic earnings per share were 0.036 yuan.
DACHAN FOOD: Announcement of Results for the Nine Months ended 30 September 2024
China Tong Hong Kong Stock Investment Log | November 1st
Hong Kong Stock Investment Journal | November 1, 2024
DaChan Food (Asia) Schedules Board Meeting for Q3 Results
Dachan Food (03999.HK) will hold a board of directors meeting on November 1st to discuss and approve the performance for the first three quarters.
Galaxy Today on October 16th, dachan food (03999.HK) announced that it will hold a board of directors meeting on November 1, 2024 (Friday) to discuss, consider, and if appropriate, approve (i) the quarterly performance of the company and its subsidiaries for the nine months ended September 30, 2024, and (ii) the announcement of the above performance published on the Hong Kong Stock Exchange and the company's website.
Dachan Food (03999.HK) received shareholding of 9.553 million ordinary shares from Great Wall FeedTech (Holdings) Ltd. and related parties, worth approximately 5.9229 million Hong Kong dollars.
On October 3, according to the documents disclosed by the Hong Kong Stock Exchange on October 3, Great Wall FeedTech (Holdings) Ltd. increased its shareholding in Dachan Food (03999.HK) to an average price of HK$0.62 per share on September 30, acquiring 9.553 million ordinary shares worth approximately HK$5.9229 million. After the increase, Great Wall FeedTech (Holdings) Ltd. now holds a total of 88.718 million shares, increasing its stake from 7.79% to 8.73%.
dachan food (03999.HK) received a shareholding of 5 million shares of common stock from Great Wall FeedTech (Holdings) Ltd. and related parties, worth approximately 3.1 million Hong Kong dollars.
Reported on September 30th, according to the filing disclosed by the Hong Kong Stock Exchange on September 30th, Great Wall FeedTech (Holdings) Ltd. increased its shareholding in Dachan Food (03999.HK) by an average price of HK$0.62 per share on September 26, acquiring 5 million shares of common stock, worth approximately HK$3.1 million. Following the shareholding increase, Great Wall FeedTech (Holdings) Ltd. now holds a total of 73.941 million shares, increasing its stake from 6.78% to 7.27%. This trade involves other matters.
Has the cold winter passed? Pig feed demand is now turning around: frontline salespeople are selling 100 tons more in a single month compared to the beginning of the year.
1. Impacted by the recovery of the breeding market, the demand for front-line pig fodder is increasing. Some front-line fodder sales staff mentioned: "In September, they sold 100 tons more in a single month compared to January". 2. Although the pig feed has shown continuous improvement on a month-on-month basis, there is still a gap compared to the same period last year. 3. Some industry insiders believe that the improving demand for pig feed, coupled with low raw material costs, may become a support point for future corporate performance improvement.
DACHAN FOOD: Interim Report 2024
Dachan Food (03999.HK) received a shareholding of 2.709 million ordinary shares by Great Wall FeedTech (Holdings) Ltd. and its affiliates, worth approximately 1.6796 million Hong Kong dollars.
On September 2, according to the disclosure document by the Hong Kong Stock Exchange, Great Wall FeedTech (Holdings) Ltd. increased its shareholding in Dachan Food on August 28, with an average price of HKD 0.62 per share, for a total of 2.709 million shares with a value of approximately HKD 1.6796 million. After the shareholding increase, Great Wall FeedTech (Holdings) Ltd. now holds a total of 61.944 million shares, and its stake has increased from 5.82% to 6.09%. This transaction involves...
Dachan Food Renews Key Agreements With Marubeni
DaChan Food (Asia) Profit Drops 23% in H1
In terms of performance, Dachan Food (03999.HK) has a net profit of 31.58 million RMB in the first half of the year, a decrease of 22.5%, and no dividend will be paid.
Dachan Food (03999.HK) announced its interim results for the six months ended June, with operating revenue of 2.794 billion yuan, a year-on-year decrease of 11.1%; gross profit of 0.362 billion yuan, a year-on-year increase of 6.9%. Net profit was 31.58 million yuan, a decline of 22.5%, with earnings per share of 3.1 cents. No interim dividend will be paid.
DaChan Food Reports Decreased Earnings in 2024
Dachan Food (03999.HK) had a revenue of 2.794 billion yuan in the first half of the year, a decrease of 11.1% year-on-year.
On August 8, Geelong announced that Dachan Food's (03999.HK) operating revenue for the first half of 2024 was RMB 2,794,444,000, a decrease of 11.1% YoY. The shareholders' attributable profit was RMB 31,575,000, a decrease of 22.5% YoY. The main reason for the decline in performance YoY was due to the rapid development of the broiler industry in recent years. The domestic supply of chicken increased significantly, but consumption demand grew slowly, causing a market imbalance between supply and demand and a YoY decline in chicken prices. However, the company's domestic processing food business continued to maintain good growth in the first half of the year.
DACHAN FOOD: Announcement of Interim Results for the Six Months ended 30 June 2024
Practitioners call it a 'depressed' time! Profitability has been divided for fodder companies. Will demand improve in the second half of the year? |Industry observations
In the first half of this year, the overall demand for fodder was sluggish, and the competition in the industry intensified. The market share of leading fodder enterprises has shown a counter-trend increase. The prices of raw materials continued to fall, and the profitability of enterprises has differentiated. Some industry insiders believe that the situation of sluggish demand for fodder in the second half of the year will be somewhat improved.
DaChan Food Announces Upcoming Board Meeting
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