|Bid||7.960 x 0|
|Ask||7.970 x 0|
|Day's Range||7.850 - 8.000|
|52 Week Range||6.680 - 9.900|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.27 (3.18%)|
|1y Target Est||10.36|
Mar.26 -- Smithfield Foods President and CEO Ken Sullivan discusses trade tariffs and U.S. and China trade relations. He speaks on "Bloomberg Daybreak: Asia."
The most recent earnings release WH Group Limited’s (SEHK:288) announced in December 2017 suggested that the business gained from a small tailwind, eventuating to a single-digit earnings growth of 9.36%.Read More...
April 24 (Reuters) - WH Group Ltd: * Q1 PROFIT ATTRIBUTABLE $249 MILLION VERSUS $204 MILLION * Q1 REVENUE $5.62 BILLION VERSUS $5.32 BILLION Source text for Eikon: Further company coverage:
WH Group Limited (SEHK:288) delivered an ROE of 16.04% over the past 12 months, which is an impressive feat relative to its industry average of 9.18% during the same period.Read More...
The company that makes Smithfield bacon and Nathan’s Famous hot dogs has fallen on the wrong side of China’s new tariffs—despite being Chinese-owned.
Chicago Mercantile Exchange hog futures tumbled to their lowest in 16 months on Monday, hit by news that China raised tariffs on U.S. pork by up to 25 percent in response to higher duties on Chinese steel and aluminum by the United States. Late on Sunday, China's finance minister announced the tariff hike that went into effect on Monday with over 120 products listed - including pork - that were consistent with those published by the Chinese on March 23. On Monday shares of Tyson Foods, the largest U.S. meat processor, fell more than 6 percent in the wake of the announcement.
March 26 (Reuters) - Wh Group Ltd: * ZHANG TAIXI AND YOU MU WILL RETIRE AS EXECUTIVE DIRECTORS * WAN HONGJIAN AND MA XIANGJIE APPOINTED EXECUTIVE DIRECTORS Source text for Eikon: Further company coverage:...
March 26 (Reuters) - WH Group Ltd: * FY TURNOVER BEFORE BIOLOGICAL FAIR VALUE ADJUSTMENTS $22,379 MILLION VERSUS $21,534 MILLION * FY UNDERLYING PROFIT ATTRIBUTABLE BEFORE BIOLOGICAL FAIR VALUE ADJUSTMENTS ...
China imported $19.6 billion in U.S. farm goods last year, with soybeans accounting for $12.4 billion. Without giving a time frame, China's commerce ministry said the government was considering a 25 percent tariff on U.S. pork, along with other duties. China is a key market for U.S. pork because importers buy parts of the pig, such as feet, elbows and innards, that command little value in most countries.
WH Group Limited, an investment holding company, engages in the production, wholesale, and retail sale of meat products in China, the United States, and internationally. WH Group’s insiders have investedRead More...
Today I will be providing a simple run-through of the discounted cash flows (DCF) method to estimate the attractiveness of WH Group Limited (SEHK:288) as an investment opportunity. If youRead More...
A market capitalization of HK$125.62B puts WH Group Limited (SEHK:288) in the basket of stocks categorized as large-caps. These stocks draw significant attention from the investing community due to itsRead More...
China pork producer WH Group is dialing back growth hopes for its U.S. unit Smithfield in the mainland amid weak demand, with a new plant there operating at just a third of capacity and plans for another factory postponed, group executives said. WH Group, the world's biggest pork producing company, bought top U.S. pork producer Smithfield in 2013 for $4.7 billion (3.52 billion pounds), at the time the largest takeover of a U.S. company by a Chinese buyer. The deal gave the Chinese firm access to expertise in processing the Western products increasingly popular in China's major cities.
LUOHE/ZHENGZHOU, China (Reuters) - WH Group , the world's top pork producer, is adding new varieties of packaged foods to counter slowing Chinese pork demand and woo the expanding middle class of the world's most populous nation that is embracing a wider diet of meats. Drawing on the expertise of its Smithfield business in the United States, WH's domestic unit Shuanghui Development is launching products that meet regional flavours and satisfy the demand for snacking and convenience, while also boosting its range of premium fresh chilled meats. "First, we want to bring in more Western products, and second, we want to develop more industrialised Chinese products," Chairman and Chief Executive Wan Long told reporters last week at the company headquarters in Luohe, central China.
The world's largest pork company WH Group Ltd said on Tuesday its U.S. subsidiary, Smithfield Foods, will for the first time sell its U.S.-produced pork online in China, via online retailer JD.com Inc. The move follows other international food companies that are looking to boost sales in the world's top pork consumer through its vast e-commerce market, with a growing middle class developing a taste for branded and imported meat products. The fresh food division of JD.com, JD Fresh, will be the online sales platform for Smithfield's pork products in China, according to an agreement signed by Smithfield, Henan Shuanghui Investment and Development Co, which is also owned by WH Group, and JD.com.
HKEX stock code: 00288), the world's largest pork company, today announced the unaudited interim results of the Company and its subsidiaries (the "Group") for the six months ended June 30, 2017 ("the period under review").
HONG KONG, April 27, 2017 /PRNewswire/ -- WH Group Limited ("WH Group" or the "Company"), the world's largest pork company, today announced the unaudited consolidated results of the Company and its subsidiaries (the "Group") for the three months ended March 31, 2017 (the "Period"). During the Period, turnover of the Group was US$5,319 million, up 3.2% when compared with that of the three months ended March 31, 2016. Profit attributable to owners of the Company was US$204 million.