Wens Foodstuff (SHE:300498) swung to a net loss attributable to shareholders of 4.37 billion yuan in the first half from the year-ago attributable profit of 3.47 billion yuan, according to a Wednesday disclosure on the Shenzhen bourse.
Loss per share was 0.66 yuan, compared with year-ago earnings per share of 0.51 yuan.
Operating revenue fell 6.2% to 46.7 billion yuan from 49.9 billion yuan in the previous year.
The Chinese livestock producer's shares slipped 1% during the afternoon trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments