 Home > Food News > Food Articles > Tianbang shares said it is transforming into a food company and is expected to slaughter this year...

Tianbang shares said it is transforming into a food company and is expected to slaughter this year...

 Last Update: 2021-12-04
 Source: Internet
 Author: User

Tags

high volume evacuator

market 2020

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On November 11, Tianbang shares disclosed the contents of a small online exchange meeting for some investors.

Tianbang shares said that the large losses in the third quarter were mainly due to low pig prices, and it was also paying for some aggressive decisions in the first and second quarters

Tianbang shares believes that the main measures to deal with the low point of the pig cycle are rapid transformation, rapid increase in the slaughter end, and use of food profits to make up for breeding losses and reduce costs and increase efficiency as much as possible to reduce unnecessary cash outflows

In terms of cost reduction and efficiency enhancement, Tianbang said it eliminated most of the inefficient sows with higher costs

In terms of cash flow, Tianbang said that it has obtained more than 400 million yuan in cash inflow through the sale of the vaccine business this year; the sale of aquatic feed and pig feed business has received more than one billion yuan in cash inflow, and through the cooperation with Tongwei Obtain a certain billing period

In 2021, Tianbang shares are expected to produce about 4 million pigs for slaughter

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

3-Methyl-10-ethyl-Deazaflavin powder manufacturer CAS No.: 59997-14-7 98% purity min. for supplement ingredients

CAS No.: 59997-14-7

Food Grade

$10/KG FOB

Factory price Pharmaceutical Chemical CAS 236117-38-7 Top Supplier 2-Iodo-1-P-Tolylpropan-1-One

CAS No.: 236117-38-7

Pharmacy Grade

$300/KG FOB

Manufacturer Supplies high-quality supplement Urolithin A 98% purity min.

CAS No.: 1143-70-0

Food Grade

$580/KG FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.