FINWIRES · TerminalLIVE
FINWIRES

SHA:600298

3 stories mentioning SHA:600298Updated 5d ago

Every FINWIRES story that references SHA:600298, newest first.

Asia

Angel Yeast's H1 Profit Rises 10%, Revenue Climbs 16%; Shares Drop 5%

Angel Yeast's (SHA:600298) net profit attributable to shareholders in the first half rose 10% to 880.9 million yuan from 799.4 million yuan in the previous year, according to a weekend filing with the Shanghai bourse.The Chinese food company's shares dropped 5% during Monday's afternoon trade.Earnings per share increased 9.7% year on year to 1.02 yuan from 0.93 yuan.Operating revenue increased 16% to 9.19 billion yuan from 7.90 billion yuan in the previous year.

SHA:600298
Asia

Angel Yeast Plans to Invest 371 Million Yuan in Synthetic Biology Pilot Validation Base Project

Angel Yeast (SHA:600298) plans to invest 370.5 million yuan into the construction of a synthetic biology pilot validation base, according to a Shanghai bourse filing on Tuesday.The construction, which will run for 16 months starting March 2027, will include a new extraction workshop and a fermentation workshop.The food company expects a 9.79% rate of return from the project.The plan is still subject to shareholders' and regulators' approval.

SHA:600298
Asia

Angel Yeast to Invest 422.4 Million Yuan in Industrial Park Expansion

Angel Yeast (SHA:600298) plans to invest 422.4 million yuan in the phase III construction of its health food industrial park, according to a Shanghai bourse filing on Saturday.Phase III aims to expand and upgrade the manufacturing capacity of the company's food ingredient products within 24 months, starting in August.The project includes the construction of production lines that will annually produce 5,000 tons of flavored dough, 6,000 tons of emulsifier and release oil, 1,500 tons of rice wine yeast, 45,000 tons of PET aseptic beverage filling, and 5 million units of tinplate packaging containers.The food company's shares fell 2% during Monday's afternoon trade.

SHA:600298

Track with the FINWIRES app suite

FolioX
FolioX
Track SHA:600298 in your portfolio
WheelAI
WheelAI
Analyze SHA:600298 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SHA:600298