Edition:
India

WH Group Says HY Profit Attributable $463 Mln


Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - WH Group Ltd <0288.HK>::HY PROFIT ATTRIBUTABLE $463 MILLION VERSUS $557 MILLION.ANNOUNCES INTERIM DIVIDEND OF HK$0.05 PER SHARE.HY REVENUE BEFORE BIOLOGICAL FAIR VALUE ADJUSTMENTS $11,127 MILLION VERSUS $11,169 MILLION.GREATEST CHALLENGE IN CHINA IS CONTINUOUSLY SOARING HOG PRICES DUE TO GROWING SUPPLY SHORTAGE THAT WILL PUSH DOWN PACKAGED MEATS MARGIN.MARKET SUPPLIES OF HOGS AND PORK ARE EXPECTED TO BE CONSTRICTED, PRICES OF HOG AND PORK SEEN INCREASING GOING FORWARD. 

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