WH Group's Nine-Month Profit Rises 8%

MT Newswires Live

Oct 29

WH Group (HKG:0288) reported an attributable profit before biological fair value adjustment of $1.17 billion for the nine months ended Sept. 30, up 8% from $1.08 billion a year earlier.

Basic earnings per share rose to $0.091 from $0.084 a year earlier, according to a Tuesday filing with the Hong Kong Exchange.

The pork producer's revenue increased 8.5% year-over-year to $20.5 billion, the filing stated.

During the period, sales volume of packaged meats fell by 2.2%, while sales volume of pork grew by 8.4%.

Looking ahead, WH Group said it will continue to focus on its core meat products business. The company plans to drive product and channel transformation in China, address rising costs in the US while maintaining profitability, and expand scale and profit contributions in Europe.

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The company plans to drive product and channel transformation in China, address rising costs in the US while maintaining profitability, and expand scale and profit contributions in Europe.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0287142896.SGD","symbol_name":"Fidelity China Focus A-SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2579923272","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579923272","pubTimestamp":1761720088,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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