Weilong Meimei (09985) appoints Yu Feng as executive director
Zhitong Finance App News, Wei Long Mei (09985) announced that on April 22, 2024, Chen Lin resigned as an executive director of the company and a member of the Board's Remuneration Committee due to work schedule adjustments. Chen Lin's resignation took effect after the board meeting ended on April 25, 2024. Chen Lin will continue to serve as the company's senior vice president even after resigning as an executive director of the company and a member of the remuneration committee of the board of directors, and continues to hold various positions in various subsidiaries within the group. In addition, Yu Feng has been appointed as the company's executive director and a member of the board's remuneration committee since the end of the board meeting on April 25, 2024
衛龍美味:2023年年報
WEILONG Delicious Global Holdings Ltd's (HKG:9985) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Most readers would already know that WEILONG Delicious Global Holdings' (HKG:9985) stock increased by 3.9% over the past month. We wonder if and what role the company's financials play in that price
Is Weilong's “exclusive shelf” certain or avoided?
“Investor Network” Hou Shuqing just looked at the main financial indicators in Weilong Meimei (“Weilong”, 09985.HK)'s 2023 financial report. However, when we look at the company's business level and on its offline shelves, we will find the former “king of spicy bars”, and the current situation is unspeakably smooth. Compared to many of its competitors, Weilong has been stuck in “spicy bars” for too long. Most of the time, the market's vision is bright. Although this financial report did not bring growth to Weilong's stock price in line with the growth rate of net profit, it gave the company management an incentive to pay dividends: the company's in 2023
[Broker Focus] Shenwan Hongyuan maintains Weilong Delicious (09985) holdings increase rating, indicating that vegetable products are expected to become the company's second growth curve
Jinwu Financial News | According to Shen Wan Hongyuan Research Report, Weilong Meishui (09985) released its 2023 annual report, achieving a turnover of 4.872 billion yuan, an increase of 5.2% over the previous year; realized profit attributable to the company's shareholders of 880 million yuan, an increase of 481.9%; achieved net adjusted net profit of 970 million yuan during the year, an increase of 6.3%. The company's performance was in line with market expectations. Considering the impact of the decline in passenger traffic from traditional channels on sales of seasoned noodle products, the 24-25 profit forecast was lowered, and the 26-year forecast was added to predict that the company's net profit for 2024-2026 will be 10.33, 11.85, and 13.5
WEILONG Delicious Global Holdings (HKG:9985) Could Easily Take On More Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' It's only natural to co
WL DELICIOUS To Go Ex-Dividend On June 11th, 2024 With 0.11024 HKD Dividend Per Share And 0.12127 HKD Special Dividend Per Share
March 22nd - $WL DELICIOUS(09985.HK)$ is trading ex-dividend on June 11th, 2024. Shareholders of record on June 12th, 2024 will receive 0.11024 HKD dividend per share and 0.12127 HKD special divid
Weilong Delicious' 2023 Profit Surges Nearly Sixfold on Other Gains
Weilong Delicious Global Holdings' (HKG:9985) attributable profit increased nearly sixfold to 880.4 million yuan in 2023 from 151.3 million yuan in 202, according to a Friday filing with the Hong Kong
Weilong Delicious (9985.HK) accelerates the construction of “multi-category large single products+omni-channel” with an annual dividend payout ratio of about 90%
On the evening of March 21, Weilong Meishui (9985.HK) announced its 2023 annual results. Thanks to active innovation and omni-channel construction layout, the overall revenue reached 4.87 billion yuan (RMB, same below), an increase of 5.2% over last year. Weilong's net profit in 2023 increased 481.9% to 880 million yuan. Adjusted net profit reached 970 million yuan, up 6.3% year on year. The adjusted net profit margin increased from 19.7% in the same period last year to 19.9%, and the basic profit per share was about 0.38 yuan. Based on the overall improvement of management, the board of directors of Weilong Delicious recommended the distribution of 2023
Weilong Delicious (09985.HK) announced annual results, profit rose sharply by 481.9%, and continued to strengthen online and offline omnichannel construction
Gelonghui, March 21, 丨 Wei Long Mei (09985.HK) announced that for the year ended December 31, 2023, the company's total revenue was RMB 4,871.7 million, up 5.2% year on year; gross profit was RMB 2,322.7 million, up 18.5% year on year; gross margin was 47.7%, up 5.4 percentage points year on year; profit for the year was RMB 880.4 million, up 481.9% year on year. It is recommended to pay a final dividend of RMB 0.10 per common share; it is recommended to pay a special dividend of RMB 0.11 per common share; an interim dividend of RMB 0.11 per common share
Weilong Delicious (09985) will pay a final dividend of 0.1 yuan per share on June 28
Weilong Delicious (09985) announced that the company will pay a final dividend per share on June 28, 2024...
WL DELICIOUS: ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2023
Weilong Delicious (09985.HK) plans to hold a board meeting on March 21 to approve annual results
Glonghui, March 7, 丨 Wei Long Mei (09985.HK) announced that the company will hold a board meeting on March 21, 2024 (Thursday) to consider and approve (including) the results and publication of the company and its subsidiaries for the year ended 31 December 2023, and to consider related dividends (if any).
WL DELICIOUS: DATE OF BOARD MEETING
Changes in Hong Kong stocks | Weilong Meimei (09985) rose more than 5%. The company actively expands its product matrix and has sufficient potential for growth
Weilong Meals (09985) rose more than 5%. As of press release, it rose 5.61% to HK$5.08, with a turnover of HK$2,697,900.
SDIC Securities: The food and beverage industry is resilient and clearly actively recommends companies with changing competitiveness during the off-peak season
China Investment Securities believes that sector valuations are still at the bottom, excellent companies can still have excess profits, and continue to recommend the sector.
Changes in Hong Kong stocks | Weilong Meimei (09985) rose more than 11% in the intraday period, and the new product matrix is actively expanding, and the company's valuation is expected to be boosted
The Zhitong Finance App learned that Weilong Delicious (09985) rose more than 11% in the intraday period. As of press release, it had risen 8.88% to HK$7.11, with a turnover of HK$1,982,600. According to the news, leading companies have launched a variety of New Year gift boxes to prepare for the New Year's goods festival. Among them, Weilong launched three New Year gift boxes, including the Dragon Gift Series, the Lucky Dragon Gift Box Series, and the Dragon Gift Box, which are priced at 56/69/82 yuan respectively, including products such as spicy strips, konjac soup, eating kelp, overbearing panda, Little Witch konjac, vegetarian belly, and a new crunchy fire. According to information, the sales volume of “Little Witch” konjac puffy increased 6 times in 10 days after it went online.
Changes in Hong Kong stocks | Weilong Meimei (09985) rose more than 5%, and the company's new product matrix is actively expanding, and valuation is expected to be boosted
Weilong Meals (09985) rose more than 5%. As of press release, it rose 4.44% to HK$5.88, with a turnover of HK$1,684,400.
When will Weilong (09985), the price increase and volume reduction, break out of the trough?
On January 29, Damo expects Weilong (09985)'s net profit to grow by 6% this year, maintaining its “in sync with the market” rating. The target price was lowered from HK$9.1 to HK$6.8.
[Hong Kong Stock Connect] Damo lowered the target price of Weilong (09985) to HK$6.8 to maintain the “simultaneous market” rating. There is still uncertainty about the group's revenue
Jinwu Financial News | Damo released a report saying that Weilong (09985) will benefit from SF Express, which has raw material prices in 2024, but revenue is still uncertain due to unfavorable changes in sales channels. The bank said that the snack industry is mainly expanding through retail discounts and e-commerce, but those that benefit the most are usually smaller companies or their own brands, or brands that are rapidly transforming channels, and Weilong is not among them. Because about 40% of the group's offline sales come from traditional large-scale chain channels, and since snack discount stores and e-commerce pay more attention to low-tier cities, the group may face uncertainty about revenue and pricing structures. This line
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