Is the low sugar price dragging down? Cofco Sugar Holding's net income in Q3 decreased by more than 50% year-on-year | Interpretations

①Cofco Sugar Holding achieved revenue of 7.757 billion yuan in Q3, a year-on-year decrease of 30.41%, achieving a net income of 0.299 billion yuan, a year-on-year decrease of 55.41%; ② The company's revenue and net income have experienced consecutive year-on-year declines for two quarters, and the year-on-year decline is expanding.

cls.cnOct 22, 2024 22:36

Strong inflow of foreign capital is another trend vane: Middle Eastern tycoons increase their presence in China, and multinational sovereign wealth funds continue to lay out A-shares

① The Abu Dhabi Investment Authority and the Kuwait Investment Authority held a large number of A-share listed companies in the first quarter; ② the Middle East Sovereign Fund also stepped up research on A-shares ③ Other overseas sovereign wealth funds are increasing their layout in the Chinese market.

cls.cnMay 12, 2024 17:17

Are the company's shareholders “sweet” together? 90% of COFCO Sugar's highest profit since listing is intended to be used for distribution

① Stimulated by high sugar prices, COFCO Sugar achieved the highest annual profit of 2,073 billion yuan since listing last year, an increase of 177.04%; ② During the reporting period, the company's sugar operating volume reached 4.56 million tons and ketchup production reached 299,400 tons, of which the tomato business's revenue and profit all hit new highs; ③ Nearly 90% of the company's net profit for the full year of last year is to be distributed, with a total of about 1,861 billion yuan.

cls.cnApr 26, 2024 00:06

The former eighth-largest shareholder plans to sell Huaxia Bank shares again. Is “high dividend” not good anymore? At the beginning of the year, many listed companies wanted to sell bank stocks

① On March 19, the listed company Huazi Industrial issued an announcement stating that it plans to sell some or all of the company's remaining Huaxia Bank shares (22,427,200 shares); ② during the peak of 2004, the company held 120 million Huaxia Bank corporate shares and was the eighth largest shareholder of Huaxia Bank; ③ Since the beginning of the year, several listed companies have issued announcements announcing the transfer of shares in listed banks and unlisted banks.

cls.cnMar 20, 2024 17:33

Arowana responds to the question of “selling dog meat with sheep's head”: the rice ingredients used by Wuchang Rice are all grown and purchased in the Wuchang region

① Recently, Wang Hai, a well-known counterfeiter, posted a video on Douyin questioning Arowana's talent, using Zhongke No. 5 rice to impersonate Daohuaxiang No. 2 in Wuchang Daohuaxiang products; ② Today, Arowana's side responded to a Financial Association reporter saying that the rice raw materials used by the company's Wuchang Rice were all grown and acquired in the Wuchang region of Heilongjiang Province, and will not be upgraded again

cls.cnMar 5, 2024 12:37

Stimulated by high sugar prices throughout the year, “Sugar King” lived up to expectations, COFCO Sugar achieved the highest profit since listing in 2023|Financial Report Interpretation

① Stimulated by high sugar prices, COFCO Sugar reached its highest profit since listing in 2023, with a year-on-year increase of about 177% ② The company's performance in 2024 may still be supported. Previously, the company expected sugar prices to remain high in 2024 ③ The company's sugar industry project in Zhangzhou is expected to be put into operation in the second half of 2024

cls.cnJan 30, 2024 22:20