Edition:
India

WH Group Ltd (0288.HK)

0288.HK on Hong Kong Stock

7.44HKD
13 Sep 2019
Change (% chg)

HK$0.22 (+3.05%)
Prev Close
HK$7.22
Open
HK$7.22
Day's High
HK$7.45
Day's Low
HK$7.16
Volume
47,023,746
Avg. Vol
52,513,575
52-wk High
HK$9.95
52-wk Low
HK$5.25

Latest Key Developments (Source: Significant Developments)

WH Group Says Qtrly Profit Attributable After Biological Fair Value Adjustments $196 Mln
Monday, 29 Apr 2019 

April 29 (Reuters) - WH Group Ltd <0288.HK>::QTRLY REVENUE RESULTS AFTER BIOLOGICAL FAIR VALUE ADJUSTMENTS $5,282 MILLION VERSUS $5,620 MILLION.QTRLY HOGS PRODUCED 5,459 THOUSAND HEADS.QTRLY PROFIT ATTRIBUTABLE AFTER BIOLOGICAL FAIR VALUE ADJUSTMENTS $196 MILLION VERSUS $220 MILLION.QTRLY HOGS PROCESSED 14,843 THOUSAND HEADS.QTRLY PACKAGED MEATS SOLD 790 THOUSAND METRIC TONS.  Full Article

WH Group Chairman Says African Swine Fever Has Limited Impact on WH Group
Friday, 15 Mar 2019 

March 15 (Reuters) - WH Group Ltd <0288.HK>::WH GROUP CHAIRMAN SAYS AFRICAN SWINE FEVER HAS LIMITED IMPACT ON WH GROUP.WH GROUP CHAIRMAN SAYS WH GROUP'S PORK SHIPMENTS FROM SMITHFIELD TO SHUANGHUI DOWN 45 PERCENT DUE TO TRADE WAR.  Full Article

WH Group Posts FY Underlying Profit Attributable Before Biological Fair Value Adjustments $1,046 Mln
Friday, 15 Mar 2019 

March 15 (Reuters) - WH Group Ltd <0288.HK>::FY UNDERLYING PROFIT ATTRIBUTABLE BEFORE BIOLOGICAL FAIR VALUE ADJUSTMENTS $1,046 MILLION VERSUS $1,090 MILLION A YEAR AGO.FY REVENUE BEFORE BIOLOGICAL FAIR VALUE ADJUSTMENTS $22,605 MILLION VERSUS $22,379 MILLION A YEAR AGO.2018 HOGS PROCESSED 56,068 THOUSAND HEADS VERSUS 53,782 THOUSAND HEADS A YEAR AGO.FY 2018 HOGS PRODUCED 20,953 THOUSAND HEADS VERSUS 20,226 THOUSAND HEADS.2018 PACKAGED MEATS SOLD 3,361 THOUSAND METRIC TONS VERSUS 3,285 THOUSAND METRIC TONS.RECOMMENDED PAYMENT OF A FINAL DIVIDEND OF HK$0.15 PER SHARE FOR YEAR ENDED DECEMBER 31, 2018."INCREMENTAL TARIFFS RESULTED FROM CONTINUATION OF TRADE DISPUTES BETWEEN U.S. AND CHINA REDUCED COMPETITIVENESS OF U.S. PORK PRODUCTS".IN REGARDS OF U.S., WE ANTICIPATE GREATEST CHALLENGE WILL BE OVER-ABUNDANT SUPPLY OF MEATS & GREATEST INCONSTANCY WILL BE SOLUTION TO TRADE DISPUTES.  Full Article

WH Group Approved Restructuring Which Involves Merger Of Shuanghui Group By Shuanghui Development
Friday, 25 Jan 2019 

Jan 25 (Reuters) - WH Group Ltd <0288.HK>::APPROVED RESTRUCTURING WHICH INVOLVES MERGER OF SHUANGHUI GROUP BY SHUANGHUI DEVELOPMENT.MERGER THROUGH ISSUANCE OF NEW SHUANGHUI DEVELOPMENT SHARES BY SHUANGHUI DEVELOPMENT TO ROTARY VORTEX.ISSUANCE OF NEW SHUANGHUI DEVELOPMENT SHARES BY SHUANGHUI DEVELOPMENT TO ROTARY VORTEX AT ISSUE PRICE OF RMB20.34 PER SHARE.  Full Article

WH Group Updates On Detection Of African Swine Fever At Unit's Slaughtering Factory
Friday, 17 Aug 2018 

Aug 17 (Reuters) - WH Group Ltd <0288.HK>::BOARD HAS NOTED PRESS ARTICLES AND RECENT MOVEMENTS IN PRICE AND TRADING VOLUME OF SHARES OF COMPANY.NOT AWARE OF ANY REASONS FOR PRICE AND VOLUME MOVEMENTS.CLARIFIES CERTAIN STATEMENTS REFERRED TO PRESS ARTICLES REGARDING TEMPORARY CLOSURE OF A SLAUGHTERING FACTORY OF UNIT.CLARIFIES RECEIVED BLOCKADE ORDER FROM ZHENGZHOU MUNICIPALITY, ZHENGZHOU SLAUGHTERING FACTORY TO BE TEMPORARILY CLOSED DOWN FOR 6 WEEKS.IN LIGHT OF DETECTION OF AFRICAN SWINE FEVER, ZHENGZHOU SHUANGHUI HAS TAKEN ACTIVE STEPS IN ORDER TO PREVENT FURTHER SPREAD OF SWINE DISEASE.TEMPORARY CLOSURE OF ZHENGZHOU SLAUGHTERING FACTORY WAS PART OF EPIDEMIC PREVENTION AND CONTROL MEASURES.TEMPORARY CLOSURE OF ZHENGZHOU SLAUGHTERING FACTORY WILL NOT HAVE ANY MATERIAL ADVERSE IMPACT ON OPERATION AND FINANCIAL POSITION OF GROUP.CO IS NOT AWARE OF ANY DETECTION OF AFRICAN SWINE FEVER OR OTHER EPIDEMIC SWINE DISEASE AT OTHER SLAUGHTERING FACTORIES OF GROUP.THERE WILL NOT BE ANY DISRUPTION OF SUPPLY OF PORK, RELATED PRODUCTS AS A RESULT OF TEMPORARY CLOSURE OF ZHENGZHOU SLAUGHTERING FACTORY.  Full Article

Henan Shuanghui Investment & Development to pay 2017 dividend on April 27
Friday, 20 Apr 2018 

April 20(Reuters) - Henan Shuanghui Investment & Development Co Ltd <000895.SZ>:Says it will pay a cash dividend of 11 yuan per 10 shares (before tax) for 2017, to shareholders of record on April 26.Says the company's shares will be traded ex-right and ex-dividend on April 27 and the dividend will be paid on April 27 .  Full Article

Henan Shuanghui Investment & Development appoints president
Wednesday, 27 Dec 2017 

Dec 27(Reuters) - Henan Shuanghui Investment & Development Co Ltd <000895.SZ>:Says it appoints Ma Xiangjie as president of the company.  Full Article

WH Group's 9-mth profit attributable after biological fair value adjustments‍​ $732 mln
Monday, 30 Oct 2017 

Oct 30 (Reuters) - WH Group Ltd <0288.HK>-:9-month profit attributable after biological fair value adjustments‍​ $732 million versus $679 million.9-month turnover after biological fair value adjustments‍​ $16.29 billion versus $15.78 billion.  Full Article

Wh group says unit to acquire 100% of share capital of Elit and Vericom​
Tuesday, 26 Sep 2017 

Sept 26 (Reuters) - Wh Group Ltd <0288.HK>:Smithfield entered into a share purchase agreement pursuant to which smithfield agreed to acquire 100 pct of share capital of Elit and Vericom​.  Full Article

CORRECTED-Chinese pork processor Shuanghui reports first quarter jump in net profit

BEIJING, April 29 China's top pork processor Henan Shuanghui Investment and Development Co Ltd said on Monday its net profit in the first quarter rose 20.3 percent to 1.28 billion yuan ($190.16 million), after it slaughtered 4.7 million pigs in the reported period, about a fifth more compared to a year earlier.