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广南(集团)(01203)发布中期业绩 股东应占溢利5772.7万港元 同比减少2.4%

Guangnan Group (01203) announces interim results with a net profit attributable to shareholders of HKD 57.727 million, a decrease of 2.4% year-on-year.

Zhitong Finance ·  Aug 30 18:52

Guangnan Group (01203) releases the interim performance for the six months ending June 30, 2024. During this period, the group achieved revenue of 5.417 billion Hong Kong dollars, an increase of 8.6% compared to the same period last year. Shareholders' attributable profit decreased by 2.4% to 57.727 million Hong Kong dollars. Basic earnings per share were 6.4 Hong Kong cents. The group plans to distribute an interim dividend of 1 Hong Kong cent per share.

According to the announcement, in terms of domestic business, the group's animal slaughter business in the Greater Bay Area has benefited from its strong presence, and the slaughter volume of live pigs exceeded 1.56 million heads in the first half of 2024, a year-on-year increase of 7.1%. The group has achieved a leading market share in the slaughter volume in Guangdong Province. In addition, the domestic food wholesale business continues to expand during this period.

In terms of Hong Kong business, the price of live pigs started to rise in May 2024. The group increased the sales volume of live pigs to offset the impact of the price decline at the beginning of the year, and the overall market share of live pigs in Hong Kong is about 49%. In addition, the group continues to expand its food wholesale and retail trade business in Hong Kong. During this period, Ze Xing Food Limited had a total of 8 retail stores.

Guangnan Group (01203) releases the interim performance for the six months ending June 30, 2024. During this period, the group achieved revenue of 5.417 billion Hong Kong dollars, an increase of 8.6% compared to the same period last year. Shareholders' attributable profit decreased by 2.4% to 57.727 million Hong Kong dollars. Basic earnings per share were 6.4 Hong Kong cents. The group plans to distribute an interim dividend of 1 Hong Kong cent per share.

The translation is provided by third-party software.


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