Shandong Fengxiang Reports Strong Growth in 2024 Annual Results

The latest announcement is out from Shandong Fengxiang Co., Ltd. Class H ( (HK:9977) ).

Shandong Fengxiang Co., Ltd. reported its annual results for the year ended December 31, 2024, showing significant growth in both operational and financial metrics. The company experienced a 16.2% increase in processed white-feathered broilers and a notable rise in sales volumes for both raw and processed chicken meat products. Financially, the company achieved a revenue of RMB 5.5 billion, a gross profit of RMB 660 million, and a net profit of RMB 280.9 million, marking a substantial improvement from the previous year. This performance underscores Fengxiang’s strengthened position in the poultry industry and its successful operational strategies.

More about Shandong Fengxiang Co., Ltd. Class H

Shandong Fengxiang Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the poultry industry. The company primarily focuses on breeding and processing white-feathered broilers, as well as producing raw and processed chicken meat products.

YTD Price Performance: 9.49%

Average Trading Volume: 101,891

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.38B

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