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Express News | sinolink: Focus on investment opportunities in the snack food and soft drink sectors.
Express News | East Asia Front Sea Securities: Initiated a buy rating on chacha food.
Chacha Food Subsidiary to Invest 25 Million Yuan in Investment Fund
Express News | Chacha Food: Wholly-owned subsidiary plans to invest 25 million yuan to establish an investment fund
Cinda Securities: The sector allocation of csi sws food & beverage index in Q3 2024 has improved compared to the previous quarter, with a focus on baijiu and mass-market sectors.
Looking at the price changes in the molecular industry, in the third quarter of 2024, SW baijiu, beer, dairy products, pre-processed food, seasoning fermentation products, and snack food increased by +17.87%, +14.94%, +14.34%, +25.27%, +27.23%, +19.23% respectively.
Chacha Food (002557): Bright performance in gross margin in the third quarter, rapid profit growth.
Event: The company disclosed its third quarter report for 2024, achieving total revenue of 4.758 billion yuan in 2024 Q1-Q3 (+6.24% YOY), and achieving a net income attributable to the parent company of 0.626 billion yuan (+23.79% YOY).
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