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China Star Food Group Ltd. ( (SG:42W) ) has provided an announcement.
Zixin Group has announced progress in its business expansion plans, particularly in the sale of halal-certified sweet potato processed products to overseas markets. The company’s facilities in Liancheng County, Fujian Province, China, received halal certification from Indonesia, allowing them to market both existing and new snack products internationally. This expansion is expected to enhance Zixin Group’s market positioning and potentially increase profitability through higher-margin products.
The most recent analyst rating on (SG:42W) stock is a Buy with a S$0.06 price target. To see the full list of analyst forecasts on China Star Food Group Ltd. stock, see the SG:42W Stock Forecast page.
More about China Star Food Group Ltd.
Zixin Group Holdings Limited, along with its subsidiaries, operates in the food manufacturing industry, focusing on sweet potato processed products. The company is expanding its market reach to overseas markets, with an emphasis on high-tech, high-margin products and sweet potato waste-derived feedstock for animal feeds.
Average Trading Volume: 15,076,706
Technical Sentiment Signal: Buy
Current Market Cap: S$57.21M
Find detailed analytics on 42W stock on TipRanks’ Stock Analysis page.