- Zixin Group (SGX:42W) – A Chinese sweet potato-focused operator with an integrated valuechain that covers seedling cultivation, fresh supply, production of snack food, functional food, and animal feed. The production base is located in Liancheng County, Fujian Province.
- - Read this at SGinvestors.io -
- Zixin has also been invited to participate in rural revitalization projects in the provinces of Henan and Hainan where it will replicate its working model in these regions.
Key highlights from Zixin factory visit over 25-27 October 2023: Liancheng County, Fujian, PRC
- - Read this at SGinvestors.io -
- Zixin derives revenue from the sale of fresh sweet potatoes (15%) and sweet potato processed snack products under its house brands and OEM brands (85%). Total volume sold in FY23 was 19,310 tonnes, a 20% y-o-y decline due to COVID lockdown that affected supply. Harvesting of sweet potatoes takes place from September to November.
Harvestng & purchase agreements
- Read more at SGinvestors.io.
Above is the excerpt from report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full report in PDF @ https://www.stocksbnb.com/.
Peggy Mak Phillip Securities Research | https://www.stocksbnb.com/ 2023-11-22
Read also Phillip's most recent report:
2024-09-29 Zixin Group - Food Security Helps To Double Profit.
Price targets by other brokers at ZIXIN Target Prices.
Listing of research reports at ZIXIN Analyst Reports.
Relevant links:
ZIXIN Share Price History,
ZIXIN Announcements,
ZIXIN Dividends & Corporate Actions,
ZIXIN News Articles
