COFCO, a Henricksen Company, Opens New Experience Center and Rebrands to Henricksen
WASHINGTON, May 1, 2024 /PRNewswire/ -- Henricksen is pleased to announce the opening of their Washington DC Experience Center located on the 5th floor of 1725 I Street and the rebrand of COFCO, a He
Express News | Nearly 40 shares were revealed last night. The quarterly report's performance skyrocketed, reaching a maximum of 31 times, and the auto giants increased more than 17 times
COFCO Technology (000930.SZ): Net profit of 248.403 million yuan in the first quarter increased 1613.02% year-on-year
Gelonghui, April 24, 丨 COFCO Technology (000930.SZ) released its report for the first quarter of 2024. Operating revenue for the reporting period was 4.732 billion yuan, up 4.63% year on year; net profit attributable to shareholders of listed companies was 248.403 million yuan, up 1,613.02% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1996.91 million yuan; basic earnings per share were 0.0134 yuan.
Express News | COFCO Technology: Net loss of 602 million yuan in 2023, turning a year-on-year loss.
COFCO, a Henricksen Company, Opens New Experience Center in Center City, Philadelphia
PHILADELPHIA, April 11, 2024 /PRNewswire/ -- COFCO, a Henricksen company ("COFCO"), is pleased to announce the launch of its new Experience Center located on the 16th floor of the 3 Parkway building
COFCO Bio-technology's Chairman Steps Down
Zhang Hongwei, chairman of COFCO Bio-technology (SHE:000930), resigned due to work reasons, the company said in its filing on the Shenzhen Stock Exchange. Zhang will continue serving the Chinese engin
Express News | COFCO Technology: Mr. Zhang Hongfei applied to resign as the company's chairman, board strategy committee member (convener), and board nomination committee member due to work reasons.
COFCO Technology (000930.SZ): Zhang Hongfei Resigns as Chairman
Gelonghui, April 2, 丨 COFCO Technology (000930.SZ) announced that the board of directors of the company recently received a written resignation report from Mr. Zhang Hongfei, the chairman and director of the company. Mr. Zhang Hongfei applied to resign as chairman of the company, member of the Board Strategy Committee (convener), and member of the Board Nomination Committee due to work reasons. After his resignation, Mr. Zhang Hongfei continued to serve as the company's director.
COFCO Technology (000930.SZ): The main civil engineering construction and installation of auxiliary equipment for the main body of the lactide project have been completed
Gelonghui March 12 丨 An investor asked COFCO Technology (000930.SZ) on the investor interactive platform, “What progress has been made in the prolactone project?” The company replied that the main civil engineering construction and installation of auxiliary equipment for the main body of the prolactide project have been completed, and that the overall installation of the production equipment will be completed after the imported complete equipment arrives.
COFCO Technology (000930.SZ): Pre-loss of 551 million yuan to 651 million yuan in 2023
Gelonghui, January 30 | COFCO Technology (000930.SZ) announced its 2023 annual results forecast. Net profit loss attributable to shareholders of listed companies during the reporting period was 550.99 million yuan - 650.99 million yuan, profit of 105.86 million yuan for the same period of the previous year; net profit loss after deducting non-recurring profit and loss of 607.27 million yuan - 707.27 million yuan, profit of 85,512 million yuan for the same period last year; basic earnings loss per share 0.2963 yuan/share - 0.3563 yuan/share; operating income of 19.36,812 million yuan 36,812 10,000 yuan, net operating income
Chairman Yin Jianhao of COFCO Technology (000930.SZ) resigns
COFCO Technology (000930.SZ) announced that the company's board of directors recently received the company's chairman and director Yin Jianhao, Dong...
Zhou Zheng, former deputy general manager of COFCO Group Co., Ltd., was investigated
Zhou Zheng, a former party group member and deputy general manager of COFCO Group Co., Ltd., is suspected of serious breaches of discipline and law, and is currently undergoing disciplinary review and supervision investigation by the Central Commission for Discipline Inspection and the State Supervision Commission.
COFCO Technology (000930.SZ): Net profit for the third quarter was 2,376,700 yuan, down 98.68% year-on-year
Glonghui, October 26丨COFCO Technology (000930.SZ) announced its report for the third quarter of 2023. Operating revenue for the reporting period was 5.411 billion yuan, up 26.22% year on year; net profit attributable to shareholders of listed companies was 2,3767 million yuan, down 98.68% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 1267.1 million yuan; basic earnings per share of 0.0013 yuan.
COFCO Technology (000930.SZ) released its results for the first three quarters, with a net loss of 333 million yuan, from profit to loss over the previous year
COFCO Technology (000930.SZ) released its report for the first three quarters of 2023, with revenue of 14.721 billion yuan...
COFCO Technology (000930.SZ): The 30,000 tons/year lactide project is currently under main construction
Glonghui September 12 | COFCO Technology (000930.SZ) said on the investor interactive platform that the company's polylactic acid (PLA) modified materials and product equipment are operating normally. The main project of 30,000 tons/year is currently under construction of the main project. It is expected that the main plant will be capped by the end of October this year, and the main equipment can be installed by the end of the year.
Interpretation of COFCO Technology's 2023 Interim Report: Asset Growth Under Performance Pressure
According to COFCO Technology's 2023 interim report data, the company's revenue was 9,310,068,630.24 yuan, a decrease of 12.25% compared to 10,609,257,339.83 yuan in the same period last year. This indicates that the company's business scale has shrunk during this reporting period. Meanwhile, net profit attributable to shareholders of listed companies was -335,243,641.18 yuan, down 142.66% from 785,915,756.37 yuan in the same period last year. This means that the company's profitability declined significantly during the reporting period. Looking further, back
COFCO Technology (000930.SZ): Net loss of 335 million yuan in the first half of the year
Glonghui, August 25: COFCO Technology (000930.SZ) announced its 2023 semi-annual report. Operating income for the reporting period was 9.310 billion yuan, down 12.25% year on year; net profit attributable to shareholders of listed companies was -335 million yuan, year-on-year profit to loss; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was -361 million yuan; basic earnings per share - 0.1831 yuan.
COFCO: There is limited room for an overall decline in corn prices in the second half of the year
GLONGHUI July 18丨COFCO Technology recently stated at an investor conference that corn prices are still mainly affected by supply and demand. In the short term, domestic corn prices remain high and volatile. Looking at the third quarter, stocks of deep processing enterprises in the North China region remain low and need to be replenished from grain sources in Northeast China. Overall, the domestic corn supply and demand pattern is tight. As domestic economic demand gradually picks up, market expectations maintain a volatile upward trend. In the second half of the year, corn prices were mainly affected by many factors such as global corn production expectations, domestic corn supply and demand gaps, wheat substitution, import substitution, and national rice and corn auction policies, so there was limited room for an overall decline.
COFCO (000930.SZ): The company continues to maintain an industry-leading position in fuel ethanol sales
GLONGHUI, July 18丨COFCO (000930.SZ) recently said in an investor survey that the overall demand in the current industry where the company is located is weak, and the impact on several of our main products is also quite large. With the further increase in social activities, fuel ethanol consumption showed a recoverable year-on-year increase in the first half of the year, and the company's fuel ethanol sales continued to maintain its leading position in the industry. The operating rate of the starch industry has been low in recent years, and the operating rate of the starch industry continued to decline in the first half of the year. The company's starch products reduced production load in a timely manner based on marginal contribution considerations. Judging from the volume of production and sales of starch sugar products in the first half of the year, it was relatively normal
COFCO (000930.SZ): Will gradually build a functional sugar product line
GLONGHUI, July 18丨COFCO (000930.SZ) recently said in an investor survey that aloxone sugar must go through three steps before it can be sold domestically. First, it must pass the Ministry of Agriculture's genetically-modified safety assessment. The company has already passed this aspect. The second step is to pass food processing approval for the production of processed enzyme preparations. In May of this year, the company obtained approval for the first time in China. The final step is to approve the product as a food additive, which is expected to be approved next year. After following these three steps, the conditions for aloxone sugar to be marketed domestically are ready. While actively promoting approval for the marketing of aloxone sugar, the company is actively developing the market
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