Angel Yeast Co.,Ltd. (600298) third quarter report review in 2024: Continues high growth overseas, domestic business improves month-on-month.

This report summary: The company's business performance in Q3 24 has significantly improved compared to the previous quarter, benefiting domestically from the growth of small packaged yeast and YE products, achieving a quarter-on-quarter improvement, while overseas business continues to grow at a high rate, and marine transportation costs are expected to gradually decrease. Investment highlights: Investment recommendation: Maintain.

gtjaNov 5 09:17

Angel Yeast Co., Ltd. (600298): Continuous demand recovery, focus on capacity implementation.

On October 30, 2024, angel yeast co.,ltd. released the third quarter report for 2024. Key investment points: Market demand significantly recovered, marine transportation costs remained high, dragging down gross profit. The company achieved revenue of 10.912 billion in 2024 Q1-Q3.

Huaxin SecuritiesNov 3 13:12

Angel Yeast Co.,Ltd. (600298): Bright performance in Q3 24, focusing on the cost of new season's sugar syrup.

In the third quarter of 24 years ago, the company achieved revenue of 10.91 billion yuan (+13.0%); achieved a net income attributable to the parent company of 0.95 billion yuan (+4.2%); achieved a non-net income attributable to the parent company of 0.84 billion yuan (+3.4%).

zheshang securitiesNov 2 15:57

Angel Yeast Co.,Ltd. (600298): Domestic and international business accelerating, molasses prices expected to decrease.

Income and profits both improved, maintaining a 'buy' rating. In the first three quarters of 2024, the company's total operating income was 10.91 billion yuan, a year-on-year increase of +13.04%; The net profit attributable to the parent company before and after deduction were 0.953 billion and 0.839 billion yuan respectively, a year-on-year increase of +4.

Open Source SecuritiesNov 1 00:00

Angel Yeast Co.,Ltd. (600298): Income growth rate has been increasing quarter by quarter, and competitiveness continues to strengthen.

Overview of the event: Company achieved revenue of 10.912 billion yuan in 24Q1-Q3, a year-on-year increase of +13.04%, net income attributable to the parent company of 0.953 billion yuan, a year-on-year increase of +4.23%, and non-net income attributable to the parent company of 0.839 billion yuan, a year-on-year increase of +3.

huaxi securitiesOct 31 00:00

Angel Yeast: Angel Yeast Co., Ltd. Third Quarter Report 2024

SZSIOct 31 00:00 · Announcements