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Stanley Agriculture Group (002588.SZ): Currently, there is sufficient phosphate ore reserves, and the possibility of a significant increase in phosphate ore prices in the fourth quarter is not high.
Stanley (002588.SZ) recently held a performance exchange telephone conference to determine the possibility of future phosphate ore price increases. In the short term, the company stated that the overall fertilizer industry is balanced, domestic demand is stable, phosphate ore reserves are sufficient, and there is not a high likelihood of a significant increase in phosphate ore prices in the fourth quarter. In the long term, from 2025 to 2026, phosphate ore prices may change due to the release of new production capacity.
Stanley Agriculture Group (002588.SZ): Chengde Lihe Feeding Industry achieved revenue of approximately 0.88 billion yuan in the first three quarters, a year-on-year increase of about 41%.
On October 22nd, Stanley Agriculture Group (002588.SZ) recently held a performance exchange conference call to discuss 'How is the operation of the Chengde Lihe Feeding operation?' The company stated that the operation of Chengde Lihe Feeding this year is stable, with revenues of approximately 0.88 billion yuan in the first three quarters, an increase of about 41% year-on-year, and a net income of approximately 45 million yuan, which is basically flat year-on-year.
stanley agriculture group (002588.SZ): The refined phosphoric acid and iron phosphate production facilities are expected to be put into operation around the end of October to November.
Gelonghui 22nd October │ Stanley Agriculture Group (002588.SZ) recently held a performance exchange conference call to discuss 'How is the construction and production situation of the new project at Hubei Songzi New Materials Company?' The company stated that the main production facilities of the Songzi New Materials Company, including ore dressing, sulfuric acid, phosphoric acid, and ammonium phosphate, were put into operation in the middle of this year. Currently, the production load is around 50%, and the refined phosphoric acid and iron phosphate units are expected to be put into operation around the end of October to November. The ore dressing unit, sulfuric acid production unit, and phosphoric acid production unit are all operating at approximately 50% capacity, with phosphoric acid not fully opened, concentrated acid not opened, and some residual steam remaining after being used for waste heat power generation, and additionally.
Stanley: Third quarter 2024 report
Stanley Agriculture Group (002588.SZ): net income in the third quarter was 0.154 billion yuan, a decrease of 14.88% year-on-year.
On October 18, Stanley Agriculture Group (002588.SZ) released the third quarter report for 2024, with a revenue of 2.206 billion yuan, a decrease of 8.05% year-on-year; net income attributable to shareholders of the listed company was 0.154 billion yuan, a decrease of 14.88% year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.136 billion yuan, a decrease of 19.79% year-on-year; basic earnings per share were 0.1334 yuan.
Express News | Stanley Agriculture Group: Net income in the third quarter decreased by 14.88% year-on-year.
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