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Tang Renshen (002567): Cost Optimization Continues to Promote Release and Maintain Rapid Growth
The 2023 results are within the scope of the performance forecast. The 2023 and 1Q24 results are in line with our expectations Tang Renshen's announced results: revenue in '23 +1.5% YoY to $26.95 billion, net profit attributable to mother -16.6
中金公司Apr 30 12:06
Tang Renshen (002567.SZ) announced first-quarter results, with a net loss of 198 million yuan, a narrowing of 41.94%
Tang Renshen (002567.SZ) released its report for the first quarter of 2024. The company's revenue was 4.88 billion...
Zhitong FinanceApr 29 23:31
Express News | Tang Renshen: Net loss of 198 million yuan in the first quarter decreased year-on-year
BreakingsApr 29 20:15
Shanxi Securities: The pace of pig sales resumed in March, and the trend of capacity removal continued
The fourth “loss bottom” in the current cycle in 2024 is the first time since 2006 that there have been 4 “loss bottoms”, and the bottom of the cycle is expected to gradually come to an end.
Zhitong FinanceApr 19 09:46
China Post Securities: March capacity data diverged, pig prices may rise in the second half of the year
Moreover, currently pig prices have not yet entered the profit range, so there is no need to worry about the loss of production capacity as a result.
Zhitong FinanceApr 18 13:58
Tang Renshen (002567.SZ): Price cuts for raw materials such as corn and soybean meal have a relatively limited impact on the company's feed profitability
Gelonghui, April 17 | Tang Renshen (002567.SZ) said on the investor interactive platform that reducing the price of raw materials such as corn and soybean meal will reduce pig feed costs and help improve the company's profitability. In addition, the pricing method for feed products is mainly based on a cost plus pricing model, and the impact of price reductions on raw materials such as corn and soybean meal is relatively limited on the company's feed profitability.
Gelonghui FinanceApr 17 15:07
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