Performance | Wanzhou International Earned 8% More Last Year

SighingCashier · 2026-03-24T12:10:12+00:00

Smithfield Foods' attributable profit to shareholders as of the end of last December was 1.591 billion yuan, representing a year-on-year increase of 8.16%. Revenue reached 28.026 billion yuan, primarily driven by increased pork sales volume and rising prices for meat products. Operating profit rose 8.7%, benefiting from improvements in the pork business.

SighingCashier

2026-03-24 12:10:12

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Mingzhu International (00288) announced that as of the end of December last year, the full-year shareholders’ profit before fair value adjustments of biological assets was HKD 1.591 billion, an increase of 8.16% year-on-year; basic earnings per share were 12.4 cents; and a final dividend of HKD 0.41 was declared.

During the period, revenue was HKD 28.026 billion, up 8.04% year-on-year, mainly due to higher pork sales volume and average selling prices of meat products. Meat product sales volume decreased by 1.5%, while pork sales volume increased by 8.6%.

Operating profit was HKD 2.612 billion, up 8.7% year-on-year, mainly due to a significant increase in profit levels from the pork business.

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