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Express News | The Pork Industry rose in the afternoon, with Tangrenshen Group and Tecon Biology Co.Ltd both hitting their trading limit.
Hunan New Wellful (600975): The net profit attributable to shareholders is expected to turn profitable in 2024, with stable development of the breeding main business.
The company disclosed its 2024 annual report, reporting a revenue of 7.045 billion yuan in 2024, a year-on-year increase of 25.09%; it achieved a Net income of 0.039 billion yuan, turning profitable year-on-year. The main farming business is developing steadily, with the output of live pigs secured.
The "breeding heat" has led to an increase in piglet prices, listed pig companies are increasing piglet sales, and pasture companies are emerging丨Industry dynamics.
① Recently, the price of piglets has risen for three consecutive weeks, leading listed pig enterprises to increase piglet sales; ② Currently, breeding sows are being concentrated in listed pig enterprises and group pig enterprises, while smallholders mainly focus on piglet fattening and secondary fattening, and free-range farming companies are on the rise.
Hunan New Wellful Co., Ltd. 2024 Annual Report.
Announcement of Hunan New Wellful Co., Ltd. Main Company Business Data for January to December 2024.
Hunan New Wellful (600975.SH) is expected to have a net income of approximately 39.32 million yuan in 2024.
Gelonghui reported on March 28 that Hunan New Wellful (600975.SH) announced that the revenue for 2024 is approximately 7.045 billion yuan, an increase of 25.09% year-on-year; the net income attributable to shareholders of the listed company is approximately 39.32 million yuan; the basic EPS is 0.03 yuan.