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Xiwang Foodstuffs Vice Chairman Sun Xinguo: The scale of the rapeseed oil business is expanding, and the sports nutrition products are in a transitional stage. | Interview with Finance
1. With the decline in raw material prices such as corn and protein, xiwang foodstuffs' performance in the first three quarters showed high growth. The fourth quarter is the traditional peak season for corn oil, and it is expected that the earnings will further improve. 2. The company's sports nutrition business has started to grow steadily. In the first half of this year, xiwang foodstuffs' sports nutrition business revenue accounted for close to 50%, with a gross margin of 30.47%. The company plans to develop 2-3 major products in the next two years.
A-share csi consumer 360 index sector remains active, with Nanfang Black Sesame Group seeing six consecutive trading limit up days.
格隆汇 November 8th | Food and beverage, retail, and liquor all performed strongly, with nanfang black sesame group up 6 consecutive boards, xiwang foodstuffs up 5 consecutive boards, lanzhou huanghe enterprise and nanjing central emporium(group)stocks hit the limit up, sichuan swellfun, and jiugui liquor surged by over 6%. On the news side, the China International Consumer Center city boutique consumption month event has recently started. This event is also the highlight of the 2024 'Consumer Promotion Year'. The event adopts a '1+4+N' format, focusing on 1 boutique debut season, '4' focusing on holding a series of consumer-themed activities in four major sectors: boutique shopping, exquisite cuisine, classic tourism, and exciting performances.
Express News | Xiwang Foodstuffs: Stocks trading abnormally fluctuate, shareholders' stocks will be auctioned.
Saio Foods: Report for the third quarter of 2024
xiwang foodstuffs (000639.SZ) achieved a net income of 62.5884 million yuan in the first three quarters.
GeLongHui on October 30th: Xiwang Foodstuffs (000639.SZ) released the third-quarter report, achieving revenue of 3.814 billion yuan in the first three quarters, a decrease of 7.92% year-on-year; net income of 62.5884 million yuan, an increase of 894.16% year-on-year. Among them, revenue in the third quarter was 1.297 billion yuan, a decrease of 7.92% year-on-year; net income was 21.9368 million yuan, a decrease of 61.89% year-on-year.
Express News | Food production stocks surged, xiwang foodstuffs hit the daily limit in the afternoon.
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