BESUNYEN: ANNUAL REPORT 2024
The market is searching for anti-tariff varieties driven by risk aversion, and the Agriculture Sector in the Hong Kong stocks remains strong against the trend.
① The risk aversion sentiment in the market is rising, how is the counter-argument logic being interpreted? ② The Hong Kong stock Agriculture Sector remains robust against the market trend, what is the logic behind it?
Besunyen Holdings Reports Financial Turnaround in 2024
BESUNYEN (00926.HK): In 2024, the continuing Operation Business achieved revenue of 0.484 billion yuan, a year-on-year decrease of 10.8%.
Gelonghui, March 31 - BESUNYEN (00926.HK) announced that for the fiscal year ending December 31, 2024, revenue from continuing Business was 0.484 billion yuan, a year-on-year decrease of 10.8%; gross profit was 0.326 billion yuan, a year-on-year decrease of 5.9%. The total comprehensive income attributable to the owners of the company for 2024 was 16.8 million yuan, among which the total comprehensive income from continuing Business was 16.8 million yuan, and the total comprehensive income from discontinued operations was zero (2023: total comprehensive loss attributable to the owners of the company was 0.3004 billion yuan).
Express News | Besunyen Holdings FY Gross Profit From Cont Ops RMB 325.8 Million
Express News | Besunyen Holdings FY Revenue From Cont Ops RMB 484.3 Million
Express News | Besunyen Holdings FY Gross Margin From Cont Ops 67.3%
Express News | Besunyen Holdings FY Operating Expenses From Cont Ops RMB 318.2 Million
BESUNYEN: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
Besunyen Holdings to Review 2024 Financial Results and Dividend Proposal
BESUNYEN (00926.HK) plans to hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui, March 18丨BESUNYEN (00926.HK) announced that it will hold a Board of Directors meeting on March 31, 2025 (Monday) to consider and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for declaring and distributing a final dividend (if any).
BESUNYEN: DATE OF BOARD MEETING
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.
"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.
A price changes daily! Chicks prices are rising while egg prices are falling. Strong supply and weak demand may continue | Industry news.
① With strong supply and weak demand, egg prices have fallen across the board, with current spot prices at 3.08 yuan/kg to 3.1 yuan/kg, and the price drop in the past month reaching 27%; ② Chick prices remain high, with Xiaoming Co., Ltd. setting a new high for average monthly sales in January in six months; ③ In the first half of 2025, the supply capacity of laying hens will be relatively abundant, and it is expected that current egg prices will continue to show weakness.
Besunyen (00926) fell by 19.50%, now trading at 2.450 yuan, hitting a 52-week low.
As of 11:15, Besunyen (00926) fell by 19.50% compared to the previous closing price, now trading at 2.450 yuan, hitting a 52-week low; the volume is 0.038 million shares, with a turnover of 0.0962 million Hong Kong dollars.
BESUNYEN: INTERIM REPORT 2024
Besunyen (00926) will distribute a mid-term dividend of HKD0.9 per share on September 23.
Besunyen (00926) announced that it will distribute dividends for the period ended June 30, 2024 on September 23, 2024.
Besunyen Holdings Announces EGM and Interim Dividend
Besunyen Holdings Turns to Profit in H1; Shares Jump 6%