GDH Guangnan Limited Provides Consolidated Earnings Guidance for the Three Months Ended 31 March 2024
Company was primarily due to the following factors: Competition in the tinplating industry has intensified, coupled with a period-on-period decrease in sales volume and selling price for the group's tinplate products, which resulted in a decrease in profits of the tinplating business; and The pig farming industry in Mainland China is facing a complicated and severe situation. Due to the continuing low swine price, the associated companies engaged in pig farming and pig sales recorded increased losses.