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Express News | Foshan Haitian Flavouring and Food: The board of directors' secretary Ke Ying has obtained the appointment training certificate and officially assumed the position.
Guosheng Securities: Fiscal policy adds strength, csi sws food & beverage index continues to advance.
On November 8th, the Ministry of Finance announced that an additional 6 trillion yuan of local government debt quota will be used to convert debt over the next three years, the most aggressive debt reduction measure in recent years. At the same time, next year will continue to implement a more powerful fiscal policy, demonstrating the government's unwavering determination to boost the economy.
foshan haitian flavouring and food (603288): Income accelerated growth compared to the second quarter with outstanding performance in the southern region.
Event: The company released the third quarter report of 2024, with a revenue of 20.4 billion yuan in the first three quarters of 2024, a year-on-year increase of +9.4%, and a net income attributable to the parent company of 4.82 billion yuan, a year-on-year increase of +11.2%, net of non-recurring gains and losses and attributable to the parent company shareholder.
Soochow Securities: The inflection point of social zero dining profits in 2024Q3 leads the way, with improvements in demand for condiments and dairy products on the horizon.
In July-September 2024, the growth rate of dining revenue in social retail continued to slow down compared to Q2 2024. In September, the year-on-year growth rates of dining in social retail and dining above designated size were +3.1% and +0.7%, respectively.
In addition to foshan haitian flavouring and food, the overall performance of the soy sauce industry is generally declining.
In the first three quarters of 2024, the condiment giants' performance brought a mix of joy and sorrow.
Express News | A share buyback overview: 38 companies disclose progress on buybacks
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