Zhongxin Fruit and Juice Limited

5EG

SG1P25916898

Food Processing

Market Closed - Singapore S.E. Other stock markets 11:35:38 2024-04-10 pm EDT			5-day change	1st Jan Change
0.019 ^SGD	0.00%		0.00%	-5.00%

Feb. 02	Zhongxin Fruit and Juice Limited Reports Earnings Results for the Half Year Ended December 31, 2023	CI
Jan. 29	Zhongxin Fruit and Juice Limited Announces Board and Committee Changes	CI

Zhongxin Fruit and Juice Limited Provides Group Earnings Guidance for the Year Ended 30 June 2023

August 11, 2023 at 05:48 am EDT

Zhongxin Fruit and Juice Limited provided group earnings guidance for the year ended 30 June 2023. The group is expected to report a lower net income for fiscal year 2023 as compared to the financial results for the full year ended 30 June 2022 This is mainly due to the following reasons: lower sales volume attributed to the decreased production volume due to the shortage of raw materials as a result of the heatwave suffered in some major apple producing areas in China; absence of the one-off gain of RMB 27.5 million recorded in fiscal year 2022 in relation to the indemnity claim; and the Group shared the loss from its equity-accounted joint venture, Linyi SDIC Zhonglu Fruit Juice Co. Ltd. (Linyi SDIC) in fiscal year 2023 as compared to the share of profit in fiscal year 2022, mainly due to lower revenue and gross profit recorded in Linyi SDIC in fiscal year 2023.

Latest news about Zhongxin Fruit and Juice Limited

Zhongxin Fruit and Juice Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 02	CI
Zhongxin Fruit and Juice Limited Announces Board and Committee Changes	Jan. 29	CI
Zhongxin Fruit and Juice Limited Announces the Resignation of Zhang Chuning as Non-Executive Director, Member of the Audit Committee, Nominating Committee and Remuneration Committee	Jan. 17	CI
Zhongxin Fruit and Juice Limited Announces Management Appointments	23-10-30	CI
Zhongxin Fruit and Juice Limited Announces Resignation of Tham Mun Chee as Lead Independent Director	23-10-13	CI
Zhongxin Fruit and Juice Limited Announces the Retirement of Liu Xiuwen as Independent Director, Chairman of the Nominating Committee and Member of the Audit Committee and Remuneration Committee	23-10-10	CI
Zhongxin Fruit and Juice's Fiscal H2 Profit Falls 68%	23-08-28	MT
Zhongxin Fruit and Juice Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-08-25	CI
Zhongxin Fruit and Juice Limited Provides Group Earnings Guidance for the Year Ended 30 June 2023	23-08-11	CI
Zhongxin Fruit and Juice Logs Lower Profit, Revenue in July-December 2022	23-02-08	MT
Zhongxin Fruit and Juice Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-02-08	CI
Recession Fears Drag Singapore Shares Down; Mencast Zooms 8% on Regulatory Approval for Transfer Listing to Catalist	23-01-19	MT
Zhongxin Fruit and Juice to Post Lower Net Income in July-December 2022	23-01-19	MT
Zhongxin Fruit and Juice Limited Provides Earning Guidance for the Half Year Ended 31 December 2022	23-01-18	CI
Zhongxin Fruit and Juice Limited Announces Board Changes	22-12-12	CI
Zhongxin Fruit and Juice Posts Higher Profit, Revenue in Fiscal H2	22-08-24	MT
Zhongxin Fruit and Juice Limited Reports Earnings Results for the Full Year Ended June 30, 2022	22-08-24	CI
Singapore Stocks Close Lower; Zhongxin Fruit and Juice Shares Soar 11% on Positive FY22 Forecast	22-08-16	MT
Zhongxin Fruit and Juice to Post Higher Profit, Revenue in FY22; Shares Zoom 11%	22-08-16	MT
Zhongxin Fruit and Juice Limited Provides Preliminary Unaudited Group Earnings Guidance for the Full Year Ended 30 June 2022	22-08-15	CI
Zhongxin Fruit and Juice Names New Chairman	22-04-06	MT
Zhongxin Fruit and Juice Limited Appoints Mr. Liu Yu as Chairman of the Board	22-04-06	CI
Zhongxin Fruit and Juice Limited Appoints Liu Yu as an Executive Director	22-03-30	CI
Singapore Shares End Week Lower; IX Biopharma Jumps 12% on Returning to Profit in Fiscal H1	22-02-11	MT
Zhongxin Fruit and Juice Swings to Profit in July to December 2021; Shares Jump 13%	22-02-11	MT

Chart Zhongxin Fruit and Juice Limited

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Company Profile

Zhongxin Fruit and Juice Limited is a Singapore-based investment holding company. The Company's primary business is the production of concentrated juice primarily for export to multinational food and beverage (F&B) corporations. The Company operates through two segments: Production of fruit juice concentrate and Processing of garlic. Its Production of fruit juice concentrate segment relates to the production of concentrated juice mainly for export to multinational F&B corporations in the United States, European Union, South Africa, Canada, Japan and Australia via SDIC Zhonglu Fruit Juice Co., Ltd (SDICZL). The concentrated juice produced is used as an ingredient in packet juice drinks, soft drinks, cider, yoghurt and candies. Its Processing of garlic segment is engaged in the processing, sorting, packaging and distribution of garlic. The Company's subsidiaries include Yuncheng Zhongxin Fruit and Juice Company Limited, and Xuzhou Zhongxin Fruit and Juice Company Limited.

Sector

Food Processing

Calendar

2024-08-22 - Q4 2024 Earnings Release (Projected)

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Sector Other Food Processing

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