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China Hainan Rubber Industry Group Gets 6.5-Million-Yuan Insurance Compensation
A-share seed industry stocks have strengthened, with Kangnong Seed Industry rising by over 5%.
On November 28, GeLong Hui reported that Kangnong Seed rose over 5%, China Hainan Rubber Industry Group, Shennong Seed, Gansu Dunhuang Seed Group, and Winall Hi-Tech Seed all rose over 4%, with Qiu Le Seed and Hefei Fengle Seed also experiencing increases.
China Hainan Rubber Industry Group (601118.SH): Received prepayment of insurance claims for rubber income.
Global Finance on November 7th, China Hainan Rubber (601118.SH) announced that, according to the agreement of the china hainan rubber industry group's 2024 rubber income insurance project insurance agreement (new), during September 2024, the actual rubber income was lower than the target income due to the impact of the super typhoon "Capricorn", triggering the insurance compensation conditions. After negotiating with the insurance company, the company recently received a partial prepayment of 30,000,000 yuan of rubber income insurance compensation from the insurance company. Including the previously prepaid 30,000,000 yuan of rubber income insurance compensation, 314,783,232.32 yuan of rubber tree insurance.
Hainan Rubber: Third quarter report 2024
Third Quarter Report 2024
China Hainan Rubber Industry Group (601118.SH): a net loss of 0.461 billion yuan in the first three quarters.
Gelonghui October 30th | China Hainan Rubber Industry Group (601118.SH) announced that the company achieved revenue of 32.902 billion yuan in the first three quarters, a year-on-year increase of 32.46%; net income attributable to the parent company was a loss of 0.461 billion yuan; non-recurring net income was a loss of 0.493 billion yuan.
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