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WH Group Ltd (0288.HK)

0288.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

WH Group Updates On Detection Of African Swine Fever At Unit's Slaughtering Factory
Thursday, 16 Aug 2018 06:34pm EDT 

Aug 17 (Reuters) - WH Group Ltd <0288.HK>::BOARD HAS NOTED PRESS ARTICLES AND RECENT MOVEMENTS IN PRICE AND TRADING VOLUME OF SHARES OF COMPANY.NOT AWARE OF ANY REASONS FOR PRICE AND VOLUME MOVEMENTS.CLARIFIES CERTAIN STATEMENTS REFERRED TO PRESS ARTICLES REGARDING TEMPORARY CLOSURE OF A SLAUGHTERING FACTORY OF UNIT.CLARIFIES RECEIVED BLOCKADE ORDER FROM ZHENGZHOU MUNICIPALITY, ZHENGZHOU SLAUGHTERING FACTORY TO BE TEMPORARILY CLOSED DOWN FOR 6 WEEKS.IN LIGHT OF DETECTION OF AFRICAN SWINE FEVER, ZHENGZHOU SHUANGHUI HAS TAKEN ACTIVE STEPS IN ORDER TO PREVENT FURTHER SPREAD OF SWINE DISEASE.TEMPORARY CLOSURE OF ZHENGZHOU SLAUGHTERING FACTORY WAS PART OF EPIDEMIC PREVENTION AND CONTROL MEASURES.TEMPORARY CLOSURE OF ZHENGZHOU SLAUGHTERING FACTORY WILL NOT HAVE ANY MATERIAL ADVERSE IMPACT ON OPERATION AND FINANCIAL POSITION OF GROUP.CO IS NOT AWARE OF ANY DETECTION OF AFRICAN SWINE FEVER OR OTHER EPIDEMIC SWINE DISEASE AT OTHER SLAUGHTERING FACTORIES OF GROUP.THERE WILL NOT BE ANY DISRUPTION OF SUPPLY OF PORK, RELATED PRODUCTS AS A RESULT OF TEMPORARY CLOSURE OF ZHENGZHOU SLAUGHTERING FACTORY.  Full Article

Henan Shuanghui Investment & Development to pay 2017 dividend on April 27
Friday, 20 Apr 2018 08:51am EDT 

April 20(Reuters) - Henan Shuanghui Investment & Development Co Ltd <000895.SZ>:Says it will pay a cash dividend of 11 yuan per 10 shares (before tax) for 2017, to shareholders of record on April 26.Says the company's shares will be traded ex-right and ex-dividend on April 27 and the dividend will be paid on April 27 .  Full Article

Henan Shuanghui Investment & Development appoints president
Wednesday, 27 Dec 2017 12:28am EST 

Dec 27(Reuters) - Henan Shuanghui Investment & Development Co Ltd <000895.SZ>:Says it appoints Ma Xiangjie as president of the company.  Full Article

WH Group's 9-mth profit attributable after biological fair value adjustments‍​ $732 mln
Monday, 30 Oct 2017 04:51am EDT 

Oct 30 (Reuters) - WH Group Ltd <0288.HK>-:9-month profit attributable after biological fair value adjustments‍​ $732 million versus $679 million.9-month turnover after biological fair value adjustments‍​ $16.29 billion versus $15.78 billion.  Full Article

Wh group says unit to acquire 100% of share capital of Elit and Vericom​
Monday, 25 Sep 2017 07:13pm EDT 

Sept 26 (Reuters) - Wh Group Ltd <0288.HK>:Smithfield entered into a share purchase agreement pursuant to which smithfield agreed to acquire 100 pct of share capital of Elit and Vericom​.  Full Article

Henan Shuanghui Investment & Development to set up commercial factoring unit in Chongqing
Tuesday, 15 Aug 2017 05:13am EDT 

Aug 15(Reuters) - Henan Shuanghui Investment & Development Co Ltd <000895.SZ>:Says it plans to set up a wholly owned commercial factoring unit in Chongqing, with registered capital of 100 million yuan.  Full Article

WH Group posts HY profit attributable before biological fair value adjustments of $492 mln
Monday, 14 Aug 2017 05:02am EDT 

Aug 14 (Reuters) - WH Group Ltd <0288.HK> ::HY profit attributable before biological fair value adjustments $492 million versus $466 million.HY turnover before biological fair value adjustments $10,658 million versus $10,453 million a year-ago.Operating landscape, affected by economic growth, consumers' preference, industry cycle and epidemics, to continue to impact businesses.Resolved to recommend payment of an interim dividend of hk$0.05 per share.  Full Article

WH Group expands operations in Europe through unit
Friday, 11 Aug 2017 05:57am EDT 

Aug 11 (Reuters) - Wh Group Ltd <0288.HK>:Company has through Smithfield, its indirect wholly-owned subsidiary, expanded its operations in Europe.Expects to increase its slaughter capacity and realize improved operating efficiencies in Poland.Acquisition should lower Smithfield's overall cost structure in Poland.Expects to reduce live hog transportation costs because slaughterhouse in Kutno is located in center of Poland's highest hog producing region.Smithfield acquired Pini Polska, Hamburger Pini, Royal Chicken.  Full Article

Henan Shuanghui Investment & Development to pay FY 2016 annual div on May 11
Wednesday, 3 May 2017 10:29pm EDT 

May 4 (Reuters) - Henan Shuanghui Investment & Development Co Ltd <000895.SZ> ::* Says it plans to pay FY 2016 annual div on May 11.  Full Article

WH Group posts qtrly operating profit was US$418 million, an increase of 2.2 pct
Thursday, 27 Apr 2017 07:31am EDT 

April 27 (Reuters) - Wh Group Ltd <0288.HK>:Qtrly operating profit was us$418 million, an increase of 2.2%.Qtrly turnover of the group was us$5,319 million, up 3.2% as compared to the three months ended march 31, 2016.  Full Article

UPDATE 5-World's top pork firm shuts China slaughterhouse in race to contain deadly swine fever

* Hog prices fall amid worries about retail demand (Adding analyst comment in paragraphs 10-11)