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China National Cereals, Oils and Foodstuffs Corporation (301058): Steady growth in 2024 and a bright start in 2025.
Event: The company released the 2024 annual report and the first quarter report for 2025. In 2024, the revenue reached 2.652 billion yuan, a year-on-year increase of 9.84%, and the net income attributable to the parent company was 0.234 billion yuan, a year-on-year increase of 7.34%; among which M season four
China National Grain and Oils Group Corporation (301058): Deeply serving the food supply security modern Industry Chain with leading Cold Chain Logistics technology.
This report introduction: COFCO Technology's new Order signed in 2024 increased by 9.2%, and new Order in Cold Chain Logistics increased by 10.3%. The company provides in-depth services to ensure the food supply security modern Industry Chain for COFCO Group, being a core player in the rapidly growing Cold Chain Logistics Industry in China.
Express News | COFCO Science and Technology: Shareholders plan to reduce their Shareholding by no more than 3% of the company's shares.
COFCO Technology (301058): The expansion of the Business has been smooth, and the Cash flow performance is outstanding.
The company released its annual report and quarterly report: In 2024, it achieved a revenue of 2.65 billion, +9.8% year-on-year, a net profit attributable to the parent company of 0.234 billion, +7.3% year-on-year, slightly below our expectations (0.253 billion), mainly due to the slowdown in payment recovery.
China National Cereals, Oils and Foodstuffs Corporation Science and Technology (301058): Steady Operation in 2024, focusing on the demand for the intelligent transformation and upgrading of grain storage, with revenue and profits steadily increasing, and
Revenue and profit are steadily growing, and the Business transformation is expected to accelerate. The company announced the 2024 annual report and the Q1 report for 2025, achieving revenue of 2.652 billion yuan in 2024, a year-on-year increase of 9.84%, with a net income attributable to the parent of 0.234 billion yuan, year-on-year.
Express News | COFCO Technology: In the first quarter of 2025, the net income was 36.9618 million yuan, a year-on-year increase of 7.60%.