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Express News | Asian Citrus Holdings H1 Revenue RMB 26.9 Million
ASIAN CITRUS: 2024/25 INTERIM REPORT
The Bird Flu outbreak in the USA has somewhat eased, and egg prices quickly fell in March.
① In the first week of March, the wholesale price of bulk eggs in the USA dropped by $1.20, with a national average price of approximately $6.85 per dozen, a decrease of 15% from the previous week; ② According to a report from the USA Department of Agriculture, there have been no significant outbreaks of highly pathogenic Bird Flu detected in the last two weeks, leading to weakened demand for eggs.
Asian Citrus Holdings Extends Loan With Favorable Terms
"Winter goes, spring comes"? After the sharp drop in white feather broiler prices, they have increased by 40%. Profitability at the breeding end, many farmers still have lingering fears | Industry observation
On March 13, the actual transaction price of ShanDong white feather broiler chickens rose to over 3.5 yuan per pound, a 40% rebound compared to the extreme Low Stock Price of "10 yuan for 4 pounds" a month ago. Listed companies such as Spring Snow Food indicated that the prices of segmented products have recently warmed up, and the shipping situation has also slightly improved; the industry stated that the recovery of the white feather chicken Industry Chain is related to the recent market being in a supply gap due to the Spring Festival, leading to a decrease in the overall market supply of live chickens.
ASIAN CITRUS: ANNOUNCEMENT OF THE INTERIM RESULTSFOR THE SIX MONTHS ENDED 31 DECEMBER 2024