Wens Foodstuff Group (300498) Q4 2024 earnings summary

Executive summary

• Achieved total operating revenue of ¥104.91 billion, up 16.66% year-over-year.

• Net profit attributable to shareholders reached ¥9.24 billion, reversing a loss from the previous year.

• Significant profit growth driven by higher sales volumes and prices in the hog segment, and lower feed costs.

Financial highlights

• Operating profit was ¥9.98 billion, compared to a loss of ¥6.14 billion in the prior year.

• Net profit attributable to shareholders increased 244.68% year-over-year.

• Basic EPS was ¥1.3943, up from -¥0.9707 year-over-year.

• Total assets at period end were ¥93.91 billion, up 1.09% from the start of the year.

• Shareholders’ equity rose 23.91% to ¥40.96 billion.

Outlook and guidance

• No significant deviation from previously disclosed annual performance forecasts.