Brief: WH Group Posts FY Revenue Before Biological Fair Value Adjustments $28,136 Million

WH

28/03/2023 09:55

March 28 (Reuters) - WH Group Ltd  0288.HK :
    * FY REVENUE BEFORE BIOLOGICAL FAIR VALUE ADJUSTMENTS
$28,136
MILLION VERSUS $27,293 MILLION
    * FY PACKAGED MEATS SOLD 3,344 THOUSAND METRIC TONS VERSUS
3,320
THOUSAND METRIC TONS
    * EXPECT SHORT-TERM FINANCIAL PERFORMANCE OF OUR GROUP WILL
BE
UNDER PRESSURE
    * ELEVATED GRAIN AND ENERGY PRICES HAVE  BECOME A "SEVERE
CHALLENGE" FOR US ENTERING 2023
    * WILL CONTINUE TO PROMOTE ADJUSTMENT OF PRODUCT MIX, MANAGE
PRICES AND CONTROL  COSTS
    * FY PROFIT ATTRIBUTABLE BEFORE BIOLOGICAL FAIR VALUE
ADJUSTMENTS
$1,401 MILLION VERSUS $1,043 MILLION
    * PROPOSES FINAL DIVIDEND OF HK$0.30 PER SHARE
    * FY PORK SOLD 4,019 THOUSAND METRIC TONS VERSUS 4,362
THOUSAND
METRIC TONS

Source text for Eikon:  ID:nHKSbD90BP 
Further company coverage:  0288.HK 

 ((Reuters.Briefs@thomsonreuters.com;))