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Denghai Seed Industry (002041): Steady growth in hybrid corn seeds is expected to take the lead in benefiting from the industrialization of biological breeding
The 2023 and 1Q24 results are in line with our expectations. The company announced the results for 23 and 1Q24, achieving revenue of 1,55/ 230 million yuan, +17%/-12% year-on-year, and achieving net profit of 26/0.3 billion yuan
Denghai Seed Industry (002041) Comment: The corn seed industry is growing steadily, production costs are rising, and profits are under pressure
The company released the 2023 Annual Report and the 2024 First Quarter Report. In 2023, Denghai Seed Industry achieved operating income of 1.55 billion yuan, +17.1% year-on-year, and realized net profit of 256 million yuan to mother, +1.0 million yuan year-on-year
Denghai Seed Industry (002041): The cycle is expected to improve biological breeding and open up space
Report Summary Revenue grew rapidly. The seed market affected profits. In 2023, the company achieved operating income of 15.52 yuan, an increase of 17.06% year on year; net profit to mother was 256 million yuan, up 1.01% year on year, minus 1.7 percent of non-net profit
Denghai Seed Industry (002041.SZ): Net profit of 30.1336 million yuan in the first quarter decreased by 32.61% year-on-year
Gelonghui, April 26 | Denghai Seed Industry (002041.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 232 million yuan, down 11.57% year on year; net profit attributable to shareholders of listed companies was 30.1336 million yuan, down 32.61% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 13.8563 million yuan, down 54.98% year on year; basic earnings per share were 0.0342 yuan.
Earnings Miss: ShanDongDenghai Seeds Co.,Ltd Missed EPS By 9.9% And Analysts Are Revising Their Forecasts
It's been a good week for ShanDongDenghai Seeds Co.,Ltd (SZSE:002041) shareholders, because the company has just released its latest full-year results, and the shares gained 5.6% to CN¥9.68. Rev
Denghai Seed Industry (002041): The Q1 delivery schedule dragged down profit growth throughout the year, and can be expected
The Q1 delivery schedule dragged down profits. Maintaining an “increase in holdings” rating, Denghai Seed Industry released a quarterly report. In 2024, Q1 achieved revenue of 232 million yuan (yoy -11.57%, qoq -74.12%), and a net profit of 30 million yuan
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