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GDH Guangnan Reports Revenue Growth Amid Profit Dip
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GDH Guangnan Reports Revenue Growth Amid Profit Dip

GDH Guangnan (Holdings) Limited (HK:1203) has released an update.

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GDH Guangnan (Holdings) Limited reported a notable 10.3% increase in revenue to HK$8.585 billion for the first three quarters of 2024, despite a decline in operating profit. The company’s profit attributable to shareholders rose by 18%, boosted by strong performance in their fresh and live foodstuffs business, which saw a 16.4% revenue increase. This growth was driven by a surge in the live pig slaughtering volume and an improved market share in Hong Kong.

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