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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  WH Group Limited    288   KYG960071028

WH GROUP LIMITED

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WH : U.S. meatpacker Smithfield Foods offers to store COVID-19 vaccines in ultra-cold freezers

12/03/2020 | 12:24pm EST

CHICAGO (Reuters) - U.S. meatpacker Smithfield Foods has offered to help health officials distribute COVID-19 vaccines and store them in ultra-cold freezers that are in high demand to support a vaccination campaign, the company's chief administrative officer said on Thursday.

U.S. states, cities, and hospitals are scrambling to buy freezers that can safely store Pfizer Inc's COVID-19 vaccine at temperatures of minus 70 Celsius (minus 94 Fahrenheit), significantly below the standard for vaccines of 2-8 C (36-46 F).

Smithfield, owned by China's WH Group, has multiple ultra-cold freezers. The company is "ready and willing to assist health agencies should storage capacity become constrained," said Chief Administrative Officer Keira Lombardo.

"As it becomes more clear that successful vaccines will become available, we have communicated our capabilities and continued willingness to partner with health officials, including with vaccine distribution and storage," she said in a statement to Reuters.

(Reporting by Tom Polansek; Editing by Bernadette Baum)

By Tom Polansek


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
PFIZER INC. -0.14% 36.7 Delayed Quote.-0.30%
WH GROUP LIMITED 0.76% 6.6 End-of-day quote.1.54%
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Financials (USD)
Sales 2020 25 304 M - -
Net income 2020 1 247 M - -
Net Debt 2020 1 979 M - -
P/E ratio 2020 9,95x
Yield 2020 4,24%
Capitalization 12 531 M 12 531 M -
EV / Sales 2020 0,57x
EV / Sales 2021 0,53x
Nbr of Employees 102 000
Free-Float 61,8%
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Technical analysis trends WH GROUP LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 18
Average target price 1,26 $
Last Close Price 0,85 $
Spread / Highest target 97,0%
Spread / Average Target 48,0%
Spread / Lowest Target 16,8%
EPS Revisions
Managers and Directors
NameTitle
Long Wan Executive Chairman & Chief Executive Officer
Gordon Lijun Guo CFO, Executive Director & Executive Vice President
Shu Ge Jiao Deputy Chairman
Kong Wai Lee Independent Non-Executive Director
Ming Huang Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
WH GROUP LIMITED1.54%12 436
HENAN SHUANGHUI INVESTMENT & DEVELOPMENT CO.,LTD.6.35%27 542
HORMEL FOODS CORPORATION-3.73%24 226
TYSON FOODS, INC.0.48%23 621
JBS SA2.71%12 204
JUEWEI FOOD CO., LTD.12.82%8 240