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GDH Guangnan Reports Strong 2024 Financial Performance and Strategic Expansion Plans

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GDH Guangnan Reports Strong 2024 Financial Performance and Strategic Expansion Plans

GDH Guangnan (Holdings) Limited ( (HK:1203) ) has provided an announcement.

GDH Guangnan (Holdings) Limited reported a 15% increase in revenue to HK$11,979 million for 2024, with profits attributable to shareholders rising by 114% to HK$141 million. The company plans to expand its fresh and live foodstuffs business by investing in a comprehensive industrial chain and exploring new business models to optimize operations and enhance competitiveness. The pig farming industry in Mainland China showed improvement, contributing to the company’s positive financial performance.

More about GDH Guangnan (Holdings) Limited

GDH Guangnan (Holdings) Limited operates in the food industry, focusing on fresh and live foodstuffs. The company aims to enhance its presence in the Guangdong-Hong Kong-Macao Greater Bay Area by expanding its slaughtering business and developing an integrated industrial chain for livestock and poultry. It is also exploring new business models such as e-commerce and food retail to strengthen its market position.

YTD Price Performance: -2.86%

Average Trading Volume: 26,179

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €69.59M

For detailed information about 1203 stock, go to TipRanks’ Stock Analysis page.

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