Dairy Industry Remains Sluggish Huang'S Group Is Not Ideal In The First Three Quarters
Since its establishment in 2001, Huang's Group Co., Ltd. has gradually developed into a comprehensive listed company integrating dairy industry, information business and photovoltaic EPC business, with buffalo milk as its core business. This enterprise not only works hard in the dairy product field, but also actively explores in the photovoltaic field. It is committed to injecting new vitality into the traditional dairy industry through the "industry+photovoltaic" model, and promoting the green transformation of the enterprise. However, the recently released financial report for the first three quarters of 2024 shows that Huangshi Group is facing considerable challenges.
The main business of Huangshi Group covers the whole industrial chain from grass planting to cow breeding, dairy product R&D, production and sales services, among which the featured dairy business with buffalo milk, fermented milk and pasteurized fresh milk as the core is its core main business. With their unique taste and nutritional value, these special dairy products have won widespread recognition and consumers' love in the market. However, despite such a solid core business, the performance of Huang's Group in the first three quarters of 2024 was not satisfactory.
Financial report data shows that in the first three quarters of 2024, Huang's Group realized an operating income of 1.51 billion yuan, a year-on-year decrease of 32.7%; The net profit attributable to the parent company was -14655500 yuan, a year-on-year decrease of 108.38%. This data undoubtedly casts a shadow on the development of Huang Group. Especially in the third quarter, the main revenue of a single quarter was 469 million yuan, down 9.81% year on year; The net profit attributable to the parent company in a single quarter was -15.9381 million yuan, up 57.92% year on year, but the fact of loss still cannot be changed.
Through in-depth analysis of the revenue structure of Huang's Group, it can be found that dairy products and food products are still the main sources of the company's revenue, while information services and information engineering account for a relatively small proportion of the revenue, and these two businesses are also facing an obvious decline in revenue. This reflects that although Huangshi Group has made positive attempts and explorations on the road of diversified development, it has not yet formed an effective income growth point, and still needs to further increase investment and layout.
In the face of such challenges, Huang Group did not choose to retreat. On the contrary, the company is actively seeking new development opportunities and transformation. Among them, photovoltaic EPC business, as an important strategic goal of the company in the new period, is gradually showing its potential. Huangshi Group injected new vitality into the traditional dairy industry and promoted the green transformation and sustainable development of enterprises through the "industry+photovoltaic" model. This strategy is not only in line with the national environmental protection policy, but also in line with consumer demand for green and healthy products.
However, the road of transformation is not smooth. Huangshi Group's exploration in the photovoltaic field also faces many difficulties and challenges, such as technical barriers, financial pressure, market risks, etc. However, as Huang's Group has always shown its tenacity and perseverance, we believe that the company will be able to overcome these difficulties and achieve more stable and sustainable development in the future.
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