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Angel Yeast Co.,Ltd. (600298): Sugarmill prices decline, overseas growth shines.
Investment Highlights: Sales in domestic and overseas markets grow together, with overseas growth being particularly prominent. In the third quarter of 2024 and the first three quarters of 2024, the company's revenue growth was high. In the third quarter of 2024, the company achieved revenue of 37.3.
tianfeng: csi sws food & beverage index Q3 revenue growth accelerates compared to previous quarter, profit elasticity may be released.
Tianfeng Securities released research reports stating that overall, the csi sws food & beverage index had a steady growth in performance in Q3 24, with accelerated growth compared to the previous quarter, and continuous release of profit elasticity.
Angel Yeast Turns Automation Into Opportunity, Ensuring No Job Losses
zheshang: In 24Q3, offline retail sales of Zhejiang Merchants Securities decreased year-on-year but improved month-on-month, while the dining channel is still being repaired.
In the third quarter of 2024, the revenue growth rate for consumer goods achieved 0.17%, a decline of 5.40 percentage points. Looking at the sectors, the performance in the third quarter of 2024 was relatively good in the leisure snack sector and condiment sector.
Angel Yeast Co.,Ltd. (600298) third quarter report review in 2024: Continues high growth overseas, domestic business improves month-on-month.
This report summary: The company's business performance in Q3 24 has significantly improved compared to the previous quarter, benefiting domestically from the growth of small packaged yeast and YE products, achieving a quarter-on-quarter improvement, while overseas business continues to grow at a high rate, and marine transportation costs are expected to gradually decrease. Investment highlights: Investment recommendation: Maintain.
Angel Yeast Co., Ltd. (600298): Continuous demand recovery, focus on capacity implementation.
On October 30, 2024, angel yeast co.,ltd. released the third quarter report for 2024. Key investment points: Market demand significantly recovered, marine transportation costs remained high, dragging down gross profit. The company achieved revenue of 10.912 billion in 2024 Q1-Q3.
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