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Sino-Agri Leading BiosciencesLtd (SHSE:603970) Jumps 7.9% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But when you pick a company that is really flourishing, you can make more tha
Zhongnong Lihua (603970.SH) announced first-quarter results, net profit of 56.84 million yuan, an increase of 5.96% over the previous year
According to the Zhitong Finance App, Zhongnong Lihua (603970.SH) disclosed its report for the first quarter of 2024. During the reporting period, the company achieved revenue of 2,397 billion yuan, an increase of 2.32%; net profit to mother was 56.84 million yuan, an increase of 5.96% year on year; after deducting non-net profit of 54.05 million yuan, an increase of 7.5% year on year. Basic earnings per share were $0.2114.
China Agricultural Lihua (603970.SH): Net profit increased 6.91% year-on-year in 2023, and plans to distribute 10 to 4.50 yuan
Gelonghui, April 18 | China Agriculture Lihua (603970.SH) released its 2023 annual report. Operating revenue for the reporting period was 10.46 billion yuan, down 10.59% year on year; net profit attributable to shareholders of listed companies was 225 million yuan, up 6.91% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 201 million yuan, up 0.83% year on year; basic earnings per share were 0.8365 yuan. It is proposed to distribute cash dividends of RMB 4.50 (tax included) for every 10 shares to all shareholders.
Zhongnong Lihua (603970.SH): The company has formulated a three-year overall implementation plan to increase the company's market value
Gelonghui, March 18, 丨 China Agriculture Lihua (603970.SH) said at an investor relations event that there is currently no quantitative market value assessment standard. The superior indicated “one enterprise, one policy”. The company has formulated a three-year overall implementation plan to increase the company's market value, which has already been included in the key tasks in the target responsibility letter. It also focuses on improving the company's comprehensive strength and internal value to better return investors.
Zhongnong Lihua (603970.SH): Currently, domestic stocks are being prepared actively during the traditional peak season, and trading is increasing steadily
Gelonghui, March 18 | China Agricultural Lihua (603970.SH) said at an investor relations event that the agrochemical industry is an industry that is just needed. High global inventories led to a slump in the 2023 market, and sales began to gradually recover in the fourth quarter of 2023. The company is confident that the market will recover in the future, and it will still take some time for the industry to recover. Currently, domestic stocking is active in the traditional peak season, trading is increasing steadily, the cautious wait-and-see sentiment in terminal channels has improved, and market confidence is gradually being restored; there are many companies exhibiting at the CAC exhibition, and overseas markets are starting procurement one after another according to market fluctuations. The company will adapt to the shape of the industry
Zhongnong Lihua (603970.SH): International business scope covers more than 90 countries and regions
Gelonghui, March 18, 丨 China Agricultural Lihua (603970.SH) said at an investor relations event that the scope of international business covers more than 90 countries and regions. By the end of 2023, a total of 3,599 registrations had been carried out, and 1,735 registrations had been obtained. The chemical business segment integrates high-quality products and process resources from upstream and downstream and intermediate manufacturers in the agrochemical industry to provide domestic and foreign customers with professional and reliable supply chain management services such as products, information, channels, capital, etc., and is responsible for updating the original drug price index every week. The joint marketing business segment provides formulation supply chain management services for multinational agrochemical companies. Strategic partners include Pakistan
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