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The "breeding heat" has led to an increase in piglet prices, listed pig companies are increasing piglet sales, and pasture companies are emerging丨Industry dynamics.
① Recently, the price of piglets has risen for three consecutive weeks, leading listed pig enterprises to increase piglet sales; ② Currently, breeding sows are being concentrated in listed pig enterprises and group pig enterprises, while smallholders mainly focus on piglet fattening and secondary fattening, and free-range farming companies are on the rise.
Longda Food: 2024 Annual Results Forecast
Shandong Longda Meishi (002726.SZ): Expected profit for the year 2024 is between 16 million yuan and -24 million yuan.
On January 24, Ge Long Hui reported that Shandong Longda Meishi (002726.SZ) announced its performance forecast for the year 2024. The net income attributable to the shareholders of the listed company is expected to profit between 16 million yuan and -24 million yuan, marking a turn from loss to profit year-on-year; the net income after deducting non-recurring gains and losses is expected to have a loss between 50 million yuan and -65 million yuan; the basic EPS is anticipated to be between 0.0148 yuan/share and 0.0222 yuan/share. The company's operational performance for 2024 is expected to turn from loss to profit, mainly due to the recovery of live pig prices this year, with prices for live pigs and pork rising compared to the same period last year and profits from the disposal of subsidiaries.
Private Companies in Shandong Longda Meishi Co., Ltd. (SZSE:002726) Are Its Biggest Bettors, and Their Bets Paid off as Stock Gained 8.0% Last Week
Shandong Longda Meishi (002726.SZ): The net margin of pre-cooked food is around 4-5%.
Gelonghui November 1st | Shandong Longda Meishi (002726.SZ) held a conference call on October 31, 2024, to discuss "What is the net margin of the company's pre-cooked food?" The company stated that the net margin is around 4-5%.
shandong longda meishi (002726.SZ): at present, some potential multi-million level major customers have been attracted.
Gelonghui Nov. 1st | shandong longda meishi (002726.SZ) held a conference call on Oct. 31, 2024, regarding the "growth of pre-cooked food in the first three quarters, what is the contribution ratio of new and existing customers?" The company stated that the contribution ratio of existing customers is relatively larger due to a large customer base. Existing customers achieved some double-digit growth through the introduction of new products and the expansion of product categories. New customers are gradually increasing their volume through product introduction and conversion, and have already attracted some potential large customers with tens of millions in sales.