Dekon Food and Agriculture Group (HKG:2419) returned to an attributable profit of 4.1 billion yuan in 2024 from a net loss of 1.78 billion yuan in 2023, according to a Monday filing with the Hong Kong bourse.
The Chinese hog farmer booked earnings per share of 10.55 yuan, versus a loss per share of 4.88 yuan a year prior.
Revenue jumped 39% year on year to 22.5 billion yuan from 16.2 billion yuan.
Shares of the company rose 1% recently.
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.