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Sichuan Teway Food Group (603317): Steady performance growth, striving to achieve stock-based incentive goals.
Event: In Q3 of 24, the company achieved revenue of 2.364 billion yuan, a year-on-year increase of 5.84%; achieved a net income attributable to the parent company of 0.432 billion yuan, a year-on-year increase of 34.96%. In Q3 of 24, the company achieved revenue of 0.897 billion yuan,
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.
Sichuan Teway Food Group (603317): Significant decrease in expenses, profits exceeding expectations.
Event: In 2024, the company achieved revenue of 2.364 billion yuan from January to September, a year-on-year increase of 5.84%, net income attributable to the parent company was 0.432 billion yuan, a year-on-year increase of 34.96%; non-net profit attributable to the parent company was 0.389 billion yuan, year-on-year
Sichuan Teway Food Group (603317): The third quarter revenue increased by 10.9% year-on-year. The coordinated layout of channels is gradually improving.
The company's third-quarter revenue increased by 10.9% year-on-year. Sichuan Teway Food Group achieved a total operating income of 2.364 billion yuan in the first three quarters of 2024, a year-on-year increase of 5.84%; and achieved a net income attributable to the parent company of 0.432 billion yuan, a year-on-year increase of 34.9.
Results: Sichuan Teway Food Group Co.,Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts
Sichuan Teway Food Group (603317): Sales improvement leads to revenue recovery, cost efficiency boosts profits.
In Q3, the company's revenue/net income attributable to parent company increased by +10.9%/+64.8% year-on-year, with revenue rebounding and impressive profits. The Q3 company's base material business improved, and Chinese compound seasoning (including food extract) and winter seasoning business achieved high growth. On the profit side, expenses
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