Shandong Fengxiang’s Poultry Production Up Despite Profit Dip

Shandong Fengxiang Co., Ltd. Class H (HK:9977) has released an update.

Shandong Fengxiang Co., Ltd. reports solid growth in their poultry breeding and processing operations for the first half of 2024, with a notable increase in the production of white-feathered broilers and chicken meat products. Despite these operational gains, the company experienced a decline in net profit and earnings per share compared to the same period last year. The financial results reflect the company’s unaudited condensed consolidated standings, prepared in accordance with China’s accounting standards.

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