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Sanquan Food Co.,Ltd (002216): Short-term performance under pressure Actively exploring the B-end market
Investment Highlights: The company's performance is under short-term pressure, with Q3 net income decreasing both year-on-year and quarter-on-quarter. According to the company's announcement, in the first three quarters of 2024, the company achieved a total revenue of 5.125 billion yuan, a year-on-year decrease of 5.35%; the net income attributable to the parent company was 0.394 billion yuan.
Earnings Miss: Sanquan Food Co., Ltd. Missed EPS By 37% And Analysts Are Revising Their Forecasts
Sanquan Foods: Report for the third quarter of 2024
Sanquan Food Co.,Ltd (002216.SZ) released its performance for the first three quarters, with a net income of 0.394 billion yuan, a year-on-year decrease of 28.61%.
Sanquan Food Co., Ltd. (002216.SZ) released the third quarter report for 2024. In the first three quarters, the company achieved revenue...
Sanquan Food Co.,Ltd (002216.SZ): The net income for the first three quarters was 0.394 billion yuan, a year-on-year decrease of 28.61%.
Gelonghui October 28th | Sanquan Food Co.,Ltd (002216.SZ) announced the third quarter report for 2024, achieving revenue of 5.125 billion yuan in the first three quarters, a year-on-year decrease of 5.35%; net income attributable to shareholders of the listed company was 0.394 billion yuan, a year-on-year decrease of 28.61%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.313 billion yuan, a year-on-year decrease of 35.43%; basic earnings per share was 0.45 yuan.
Sanquan Food Co.,Ltd (002216.SZ): The beef slices product is currently available on the flagship store of Douyin, and the new beef skewers will be distributed through all channels.
Sanquan Food Co., Ltd (002216.SZ) stated on the investor interaction platform on September 12 that the company matches suitable sales channels based on the characteristics of different products. The main sales channel for beef slices is offline retail. However, considering the better traffic effect of the Douyin flagship store, it has been listed on the Douyin Sanquan Fresh flagship store. The new product, beef skewers, will be distributed through all channels.
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