China Modern Dairy Reports Strong Growth and Strategic Achievements in 2024

Story Highlights
  • China Modern Dairy saw a 19.6% rise in cash EBITDA and strong raw milk production.
  • The company maintained a stable credit rating and achieved significant breeding and ESG milestones.
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China Modern Dairy Reports Strong Growth and Strategic Achievements in 2024

China Modern Dairy Holdings Ltd. ( (HK:1117) ) has provided an announcement.

China Modern Dairy Holdings Ltd. announced its final results for the year ended December 31, 2024, highlighting significant growth and strategic achievements. The company reported a cash EBITDA increase of 19.6% and notable improvements in raw milk production and sales revenue. Despite a challenging market environment, the company implemented cost-reduction measures and optimized its debt structure, maintaining a stable ‘BBB’ credit rating. The company also made strides in breeding research and received recognition for its ESG performance and product quality.

More about China Modern Dairy Holdings Ltd.

China Modern Dairy Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on the dairy industry. Their primary products and services include raw milk production, dairy farming, feed production, forage plantation, and breeding business. They emphasize digital intelligence and ecological practices to guide their development, aiming to be a global leader in dairy farming.

YTD Price Performance: 21.74%

Average Trading Volume: 16,447,705

Technical Sentiment Signal: Sell

Current Market Cap: HK$8.92B

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