WH Group Subsidiary Faces Declining Sales and Profit

WH Group Limited (HK:0288) has released an update.

WH Group Limited’s subsidiary, Henan Shuanghui Investment & Development Co., Ltd., reported a decrease in meat product sales and net profit for the first half of 2024. Sales volumes dropped by 7.7%, and net profit fell by 18.8%, with total operating income decreasing by 9.3% compared to the same period in 2023.

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