SHUANGHUI(SZ:000895)2023-10-24 13:58Group 1: Company Performance Overview - In the first nine months of 2023, the total external sales of meat reached 463 billion CNY, a year-on-year increase of 3.8% [1] - The company achieved a net profit attributable to shareholders of 43 billion CNY, with a year-on-year growth of 6.3% [1] - Total operating revenue reached 247 billion CNY, reflecting a year-on-year increase of 6.4% [1] Group 2: Business Segment Performance - Fresh products generated operating revenue of 239.8 billion CNY, up 19% year-on-year, with an average profit of 63 CNY per head [1] - Processed meat products reported operating revenue of 208.1 billion CNY, a year-on-year increase of 2.1%, with a profit of 4,129 CNY per ton [1] - Poultry business expanded gradually, achieving profitability in the second and third quarters [1] Group 3: Market Challenges and Strategies - The company faces insufficient upward momentum in pork prices and intensified industry competition [1] - Strategies include enhancing network development, adjusting fresh product structures, and controlling costs to expand production and sales scale [1] - In Q3 2023, the company slaughtered 2.89 million pigs, a year-on-year increase of 34% [2] Group 4: Future Development Plans - The company will continue to strengthen terminal network development and expand new market channels [2] - Focus on product innovation, including high-temperature and low-temperature products, as well as ready-to-eat meals [3][4] - Emphasis on digital transformation to enhance decision-making and operational efficiency [2] Group 5: Sales and Marketing Initiatives - Measures to boost processed meat sales include improving terminal displays, conducting promotional activities, and developing potential channels [3] - The company aims to enhance brand influence through marketing efforts and precise market participation [3]