Corn seed industry competition intensifies, yuan longping high-tech agriculture Q3 net loss expands by 40% year-on-year | Interpretations
①Yuan Longping High-Tech Agriculture achieved revenue of 0.299 billion yuan in Q3, a decrease of 60.27% year-on-year, with a net loss of 0.587 billion yuan, an increase of 40.49% year-on-year; ②Intensified competition in the corn seed industry is the main factor contributing to the company's revenue decline; ③As of the end of the third quarter, the company's contractual liabilities amounted to 3.87 billion yuan, an increase of 14.8% year-on-year.
The stock price rose by more than 70%, but Mogao Group's restructuring plan failed. Haotian Technology's dream shattered for the second time. | Quick Read Announcement
1. Mogao Corporation announced the termination of the restructuring with Gansu Haotian Technology Co., Ltd. (referred to as "Haotian Technology"); 2. Mogao Corporation has accumulated a growth rate of over 70% in the past two months; 3. The performance of Mogao Corporation, which is planning to restructure, is not optimistic, and the risk of delisting still exists.
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.
Pork prices rise, listed pig companies enter "profit-making mode", beijing dabeinong technology group Q3 enters the peak of annual profit | interpretations
①Supported by the rise in pork prices, Beijing Dabeinong Technology Group expects to achieve a net income of 2.8 billion-3.2 billion yuan in Q3, with a year-on-year growth of 308.4%-338.17%; ②Some industry insiders believe that the breeding sector may continue to maintain reasonable profitability in Q4, and Beijing Dabeinong Technology Group may benefit from the dual tracks of pig production and seed industry performance support.
Xiamen Xiangyu Shipbuilding business is "hot", will re-evaluate and adjust the follow-up cooperation with Delong Nickel Industry | Direct hit earnings conference
①According to the subsequent production and operation of the Delong company, we will re-evaluate and adjust the cooperation with the Delong side. ②The shipbuilding business in Xiamen Xiangyu is "booming", with record high deliveries and production in the first half of the year.
Yuan Longping High-tech Agriculture's H1 turned losses into profits year-on-year, but high operating expenses and debt ratio remain high. The road to "streamlining" still faces challenges. Interpretation of the financial report.
①Yuan Longping High-tech Agriculture achieved a net income of 0.111 billion yuan in the first half of the year, turning losses into profits year-on-year; ②After deducting non-recurring items, the company's losses have expanded, and the investment income generated from the disposal of part of the equity of Yuan Longping Biology in the first half of the year was 0.34 billion yuan; ③During the period, the company's expenses showed a certain increase compared to the same period last year, and the debt ratio increased slightly compared to the end of last year.