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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Huisheng International Holdings Ltd    1340   KYG4643W1078

HUISHENG INTERNATIONAL HOLDINGS LTD (1340)
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Huisheng International : expects profit down due to ASF virus

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11/08/2018 | 09:41pm CET

[ET Net News Agency, 8 November 2018] Huisheng International Holdings Limited (01340)

said its wholly-owned subsidiary, Hunan Huisheng Meat Products Company Limited, was

ordered to suspend the operation of one slaughterhouse and two breeding farms to clear all

the African swine fever virus.

The group believes that the widespread of ASF virus will be hard-hitting to its

business. Production of hogs or other pork products is affected and the outbreak of ASF

virus will also affect the demand for pork products. The directors think the financial

position of the group will be significantly affected and a decrease in turnover, profit

and asset value of the group for the second half of 2018 are anticipated. (RC)

(c) 2018 ET Net Limited. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Managers
NameTitle
Jin Ping Deng Independent Non-Executive Director
Chi Ching Chan Executive Director
King Shiu Wong Independent Non-Executive Director
Ta Pei Liu Executive Director
Ka Lee Lam Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
HUISHENG INTERNATIONAL HOLDINGS LTD-43.75%0
HORMEL FOODS24.51%24 156
TYSON FOODS-24.00%22 545
WH GROUP LTD-29.84%11 411
HENAN SHUANGHUI INVESTMENT & DEVELOPMENT--.--%11 059
JBS SA1.97%7 227