002299 Fujian Sunner Development
- 15.77
- +0.11+0.70%
Fujian Sunner Development News
Shengnong Development (002299): Weak chicken prices are putting pressure on short-term performance
Chicken prices are running weak, and short-term performance is under pressure. The company achieved operating income of 18.487 billion yuan in 2023, +9.93% year-on-year; realized net profit of 664 million yuan, +61.66% year-on-year. Major 20
Shengnong Development (002299): Low chicken prices disrupt performance and resonate with declining costs and rising economic conditions
1Q24 net profit to mother decreased by 13 million yuan month-on-month, in line with our expectations, Shengnong Development announced 1Q24 results: 1Q24 revenue -7.1% year-on-year to 4.215 billion yuan, net profit to mother -62 million yuan, year-on-year
SDIC Securities released a research report on April 26 stating that it gave Shengnong Development (002299.SZ) a purchase rating, and the target price was 23.03 yuan. The main reasons for the rating include: 1) the company released a report for the first q
SDIC Securities released a research report on April 26 stating that it gave Shengnong Development (002299.SZ) a purchase rating, and the target price was 23.03 yuan. The main reasons for the rating include: 1) the company released a report for the first quarter of 2024; 2) steady increase in product sales and significant improvement on the C-side of the food side; 3) financial statement forecasts and summary of valuation data. (Mainichi Keizai Shimbun)
Sunner Development Swings to Loss in Q1 2024; Shares Drop 3%
Fujian Sunner Development (SHE:002299) incurred a loss attributable to shareholders of 61.9 million yuan for the first quarter of the year, swinging from a profit of 89.4 million yuan a year earlier,
Shengnong Development (002299): Steady growth in profit-differentiated sales of prepared products/raw chicken
Sales continued to grow in 24Q1, maintaining the “buy” rating, and Shengnong Development released a quarterly report. In Q1 2024, revenue of 4.215 billion yuan (yoy -7.10%, QoQ -7.56%) was achieved, and net profit was -61
Shengnong Development (002299): The main business is increasing steadily and the food business is progressing in parallel
The company released its 2024 quarterly report. The company achieved revenue of 4.215 billion yuan in 2024Q1, -7.10% year-on-year, and -7.56% month-on-month; realized net profit of 61.9237 million yuan, compared to 89 million yuan in the same period last year
Shengnong Development (002299): Low chicken prices in Q1 dragged down performance, production capacity released, and sales increased steadily
Performance Overview: The company released a report for the first quarter of 2024: In Q1 of 2024, the company achieved operating income of 4.215 billion yuan, -7.10% year-on-year, and realized net profit of 61.9237 million yuan, year-on-year
Shengnong Development (002299.SZ): Net loss of 61.9237 million yuan in the first quarter
On April 25, Ge Longhui Development (002299.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 4.215 billion yuan, down 7.10% year on year; net profit attributable to shareholders of listed companies - 61.9237 million yuan, year-on-year profit and loss; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 568.241 million yuan; basic earnings per share - 0.0502 yuan.
Shengnong Development (002299): Chicken prices are low, current performance is under pressure, and the cycle is picking up
Investment highlights: The company released its 2024 quarterly report. In the first quarter of 2024, the company achieved operating income of 4.21 billion yuan, -7.1% year-on-year, and realized net profit to mother of 61.92 million yuan, turning a year-on-year loss (23Q1
Shengnong Development (002299.SZ): Food Market 10 will be put into operation in the second quarter
Gelonghui, April 22 | Shengnong Development (002299.SZ) said on the investor interactive platform that the company's 10 food plants will be put into operation in the second quarter, and that one of the reasons the company is building 10 food factories is to meet the needs of downstream customers for beef and lamb products.
Shengnong Development (002299.SZ): The upgraded version of “Shengze 901” “Shengze 901 Plus” has reached the leading international level in various production indicators
Gelonghui, April 22丨Shengnong Development (002299.SZ) said on the investor interactive platform that the company invests sufficient funds to develop and upgrade seed sources every year, and the upgraded version “Shengze 901 Plus” of “Shengze 901” has reached the leading international level in terms of various production indicators. The company's operating conditions are good and the cash flow is abundant. The return to investors in the form of cash dividends will not affect the normal production and operation of the company.
Express News | Zhongyuan Securities: The agriculture, forestry, animal husbandry and fishery industry is expected to usher in a return in valuation in the future
Fujian Sunner Development's March Revenue Slips 3%
Fujian Sunner Development's (SHE:002299) revenue from chicken sales slipped 3.4% year on year to 1.52 billion yuan in March, according to a filing with the Shenzhen Stock Exchange. The Chinese poultry
Express News | Shengnong Development: Achieved sales revenue of 1,518 billion yuan in March, an increase of 46.21% over the previous month
Shengnong Development (002299): Aquaculture side explores potential efficiency and food side integration optimization
Shengnong Development released its annual report for the year 23: the company achieved revenue of 18.49 billion yuan (+9.9% YoY) and net profit to mother of 660 million yuan (+61.7% YoY). Basic earnings per share were $0.54, weighted R
Shengnong Development (002299) Company Information Update Report: Farmed Foods Work Together to Expand Production Capacity and Develop Steady
Farming food made concerted efforts, capacity expansion and steady development. Maintaining the “Buy” rating company's 2023 annual report, achieving revenue of 18.487 billion yuan in 2023, yoy +9.93%, and net profit of 664 million yuan to mother
Shengnong Development (002299): High-quality development of the entire industry chain, 24-year performance flexibility is expected to be released
The 2023 results are in line with the forecast. The 4Q23 results are lower than our expectations. Shengnong Development announced 2023 results: 2023 revenue of 18.49 billion yuan, +9.9% year-on-year; net profit of 660 million yuan to mother, +6 million yuan year-on-year
Shengnong Development (002299): Significant recovery in cost reduction and efficiency
The company discloses its 2023 annual report. The company achieved operating income of 18.487 billion yuan in 2023, up 9.93% year on year, and realized net profit of 664 million yuan, up 61.66% year on year, EPS 0.54
Shengnong Development (002299): Q4 prices dragged down the release of loss-making products faster
Continue to push forward contrarian expansion, maintain the “buy” rating, and release an annual report. In 2023, it achieved revenue of 18.487 billion yuan (yoy +9.93%) and net profit of 664 million yuan (yoy +61.66%)
Shengnong Development (002299) 2023 Report Review Report: Farming Food Collaboration Continues to Improve Profitability
Event: On March 27, 2024, Shengnong Development released its 2023 annual report: In 2023, the company achieved revenue of 18.487 billion yuan, an increase of 9.93% over the previous year; achieved net profit of 664 million yuan to mother.
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