August is the peak period of profitability for pig enterprises, with daily profits exceeding one billion yuan. | Industry News

①In August, the pig market continued to recover, with sales prices of major pig companies reaching a new high this year; ②The peak of profitability for pig companies still focuses on reducing costs and increasing efficiency. Muyuan Foods, Shennong Group, and Wens Foodstuff Group have all reduced their fully loaded costs to below 14 yuan/kg; ③Some industry insiders believe that breeding companies will continue to maintain a considerable profit trend this year.

cls.cnSep 9 10:35

As the economic cycle warms up and cost reduction measures are implemented, this billion-dollar giant has started making money again, but its stock price remains weak. | Interpretation of the financial report.

①The combination of the warming cycle and cost reduction and efficiency improvement resulted in Wens Foodstuff Group achieving a net income of 2.563 billion yuan in the second quarter of Q2. ②Since August, multiple institutions have released performance forecasts for the company in 2024, with the highest value being 10.44 billion yuan, a substantial increase from the beginning of the year. ③Compared to the positive performance, the company's performance in the secondary market has been somewhat lackluster. Since June, the stock price has dropped by 17.74%.

cls.cnAug 26 22:52

Beijing Dabeinong Technology Group reversed its loss to profit in Q2 as the pig cycle rose. The dual tracks of seed and pig may become the performance support point in H2. Interpretation of financial report.

①The upturn of the pig cycle has greatly reduced the losses of Beijing Dabeinong Technology Group in the first half of the year, and turned losses into profits in Q2 single quarter. ②Affected by the overall downturn of the fodder industry, the company's fodder sales volume decreased by 8.92% year-on-year during the reporting period. ③The pig market is expected to remain high in the second half of the year, and the company's seed profits will also be reflected in the second half of the year. The dual-track strategy will bring support to the performance of H2.

cls.cnAug 22 22:32

Bright Dairy & Food increased capital by 0.185 billion New Zealand dollars to continue to "underpin" the debt subsidiary. | Speed reading announcement

① Subsidiary New Latte plans to issue 0.308 billion shares to Bright Dairy & Food Holding Ltd at a price of 0.6 New Zealand dollars/share for a total financing of 0.185 billion New Zealand dollars. ② New Latte is doing this to repay its due debt. ③ Two months ago, Bright Dairy & Food provided a RMB loan of 0.561 billion to New Latte for the same purpose.

cls.cnAug 20 20:46

Pork prices are surging towards 22 yuan: the most profitable time of the year has come, will pig companies increase production to compete for profits? Listed companies have this to say.

1. The continuous increase in pig prices has led to an average breeding profit of over 700 yuan per head, surpassing the market's previous expectations of the peak of the pig cycle; 2. Multiple listed companies have responded that the number of pigs to be slaughtered in the second half of the year will still be based on the previous established plan and will not increase due to the rise in pig prices, but there will be monthly adjustments based on the actual situation.

cls.cnAug 5 21:24

Shandong Yisheng Livestock & Poultry Breeding's net profit in H1 decreased by 60% YoY, but with the July market rebound, the performance is expected to improve | Interpretations

①In the second quarter, the price of broiler chicks has been declining, which has put Shandong Yisheng Livestock & Poultry Breeding's performance to the test; ②Since July, the broiler industry chain has rebounded significantly, and industry insiders are bullish on its performance in the second half of the year.

cls.cnAug 1 19:24