New Hope Liuhe: Net profit surged 90% to ¥474M in 2024 as core feed and pig businesses drove recovery

About this update from New Hope Liuhe Co., Ltd. Class A

2024 saw a strategic focus on feed and pig businesses, with revenue down 27% YoY due to divestitures, but net profit rebounded 90% to ¥474M. Feed sales led the industry, pig sales ranked third, and strong cost controls and biosecurity upgrades improved margins. Cash dividend of ¥0.24 per 10 shares proposed.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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