Business

Henan Shuanghui Investment & Development: Net profit fell 19.05% year-over-year as weak pork and poultry prices pressured margins

Henan Shuanghui Investment & Development: Net profit fell 19.05% year-over-year as weak pork and poultry prices pressured margins

Henan Shuanghui Investment & Development Co., Ltd. Class AAugust 14, 20244
Henan Shuanghui Investment & Development: Net profit fell 19.05% year-over-year as weak pork and poultry prices pressured margins

About this update from Henan Shuanghui Investment & Development Co., Ltd. Class A

H1 2024 revenue fell 9.31% and net profit dropped 19.05% year-over-year due to lower pork and poultry prices and weaker sales, but operating cash flow surged on inventory reduction. The company maintains a strong balance sheet and will focus on innovation, cost control, and risk management in H2. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Henan Shuanghui Investment & Development Co., Ltd. Class A