Wen's Co., Ltd. (300498): Cost reduction progressed steadily, 24Q1 year-on-year loss reduction

Benefiting from lower feed raw material prices and improved production efficiency, the 24Q1 company achieved remarkable results in cost reduction, achieved month-on-month loss reduction, steady increase in sales volume, or fully unleashed profit flexibility during the period when pig prices rose. Maintain a “Highly Recommended” investment rating. Capital surrender

招商證券May 5 00:00

Wen's Co., Ltd. (300498) Company Information Update Report: Pig Costs Decreased, Steady Increase, Yellow Chicken Operation Steady and Maintaining Profits

The cost of pigs declined and increased steadily, and yellow chicken operations remained steady and profitable. Maintaining a “buy” rating, the company published the 2023 annual report and the 2024 quarterly report. The 2023 revenue was 89.921 billion yuan (+7.40%), and the revenue for 2023 was 89.921 billion yuan (+7.40%).

開源證券May 2 00:00

Wen's Co., Ltd. (300498.SZ): In 2023, the number of pork pigs released by the company in Guangdong region accounted for about 14% of the total number released

On April 30, Gelonghui Co., Ltd. (300498.SZ) said on the investor interactive platform that the company's livestock and poultry farming business is spread across the country. In 2023, the number of pork pigs released by the company in Guangdong region accounted for about 14% of the total number released. The recent disaster in the south had some impact on individual units in some regions of the company, but it had little impact on the company as a whole. Currently, the company's production and operation are normal.

Gelonghui FinanceApr 30 15:51

Wen's Co., Ltd. (300498): Low livestock and poultry prices are putting pressure on current results; cost reduction and efficiency are optimistic about profit recovery

Investment highlights: The company publishes the 2023 annual report and the 2024 quarterly report. In 2023, the company achieved operating income of 89.92 billion yuan, +7.4% year-on-year, and realized net profit to mother of 6.39 billion yuan, turning a year-on-year loss (

申萬宏源研究Apr 30 14:16

Wen's Co., Ltd. (300498): Q1 pig and chicken breeding costs dropped sharply, profitability can be expected to recover

Incident: On April 29, the company released its 2023 annual report and 2024 quarterly report. In 2023, the company achieved operating income of 89.902 billion yuan, +7.40% year-on-year; realized net profit to mother - 63.90

方正證券Apr 30 00:00

Wen's Co., Ltd. (300498) 2023 Report and 2024 Quarterly Report Review Report: Continued optimization of cost indicators, steady development of main business

Event: On April 28, 2024, Wen's Co., Ltd. released its 2023 annual report and 2024 quarterly report: the company's total revenue in 2023 was 89.921 billion yuan, up 7.4% year-on-year, and net profit to mother was -6

國海證券Apr 30 00:00