No Data
"Zero additives" bonus gradually fading? qianhe condiment and food executives are busy cashing out.
Performance showing a turning point? According to Zhu Jingkai from "Investor Network", soy sauce has long been an essential condiment in the kitchen, serving as the soul mate for delicious dishes. Now, as the largest subcategory in the condiment field, it attracts fierce competition from various manufacturers. In recent years, with the public's enthusiasm for the concept of healthy eating, soy sauce producers have also started promoting concepts such as "green", "organic", and "zero additives". Two years ago, qianhe condiment and food (603027.SH) gained significant consumer attention due to the "soy sauce additives" incident and gained market popularity after emphasizing zero-additive soy sauce. However, the market is becoming increasingly saturated with more soy sauces.
Qianhe Condiment and Food (603027): Increased competition combined with proactive adjustments leading to expanded decrease in revenue and profit.
Qianhe Condiment and Food released its 2024 third quarter report. The company's total operating income for 2024 Q1-3 was 2.288 billion yuan (-1.85% year-on-year); net income attributable to the parent company was 0.352 billion yuan (-9.19% year-on-year), excluding non-recurring items.
qianhe condiment and food (300755): Revenue and profit in the third quarter are slightly under pressure.
Event: The company released the third quarter report for 2024, with revenue of 2.29 billion yuan in the first three quarters of 2024, a year-on-year decrease of 1.9%. Net income attributable to the parent company was 0.35 billion yuan, a year-on-year decrease of 9.2%, and the net income attributable to shareholders after deducting non-recurring gains and losses was 3 billion yuan.
Qianhe Condiment and Food (603027): Performance lower than expected, expecting a rebound from the bottom.
Executive summary: Weak demand led to temporary performance pressure. In the medium to long term, with product optimization and channel expansion, the company is expected to regain growth. Investment highlights: Maintaining a "shareholding" rating. Considering the sustained weakness in demand, the company's 202X
Qianhe Condiment and Food Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Qianhe Condiment and Food (603027): Operations under pressure continue, waiting quietly for the effects of adjustment to appear.
Event: The company released its Q3 report for 2024, achieving revenue of 2.288 billion yuan in the first three quarters, a year-on-year decrease of -1.85%; achieving net income attributable to equity holders of 0.352 billion yuan, a year-on-year decrease of -9.19%; achieving non-GAAP net income 3.
No Data
No Data