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shandong longda meishi (002726): Pre-cooked food maintains stability against the trend, aquaculture and animal slaughter continue to improve
Pork prices rebounded, the profit continues the trend of profitability in 2024Q1-Q3. The company's revenue was 8.014 billion yuan, -20.7% year-on-year, with a net income attributable to the parent company of 0.073 billion yuan, turning losses year-on-year. The revenue in 2024Q3 was 2.97 billion yuan.
Shandong Longda Meishi (002726): Focusing on the main business leads to revenue pressure. The business structure continues to be optimized.
On October 30, 2024, shandong longda meishi released the third quarter report of 2024. The focus on the main business led to a decrease in income. The continuous optimization of the business structure resulted in a revenue of 80.14 for the company in 2024Q1-Q3.
Shandong Longda Meishi (002726.SZ): The net margin of pre-cooked food is around 4-5%.
Gelonghui November 1st | Shandong Longda Meishi (002726.SZ) held a conference call on October 31, 2024, to discuss "What is the net margin of the company's pre-cooked food?" The company stated that the net margin is around 4-5%.
shandong longda meishi (002726.SZ): at present, some potential multi-million level major customers have been attracted.
Gelonghui Nov. 1st | shandong longda meishi (002726.SZ) held a conference call on Oct. 31, 2024, regarding the "growth of pre-cooked food in the first three quarters, what is the contribution ratio of new and existing customers?" The company stated that the contribution ratio of existing customers is relatively larger due to a large customer base. Existing customers achieved some double-digit growth through the introduction of new products and the expansion of product categories. New customers are gradually increasing their volume through product introduction and conversion, and have already attracted some potential large customers with tens of millions in sales.
Longda Food: Report for the third quarter of 2024
Shandong Longda Meishi (002726.SZ): The net income for the first three quarters was 73.041 million yuan, a year-on-year increase of 111.26%.
Shandong Longda Meishi (002726.SZ) announced its third quarter report for 2024 on October 30th. The company achieved revenue of 8.014 billion yuan in the first three quarters of the year, a decrease of 20.70% year-on-year; the net income attributable to shareholders of the listed company was 73.041 million yuan, an increase of 111.26% year-on-year; the net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 70.2985 million yuan, an increase of 114.39% year-on-year; and the basic earnings per share was 0.0677 yuan.
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