trending Market Intelligence /marketintelligence/en/news-insights/trending/W2ARVUYNs3u_sG_e8y-5Mw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Guangdong Wens Foodstuff profit beats consensus by 30.1% in Q1

Mining Exploration Insights – September 2020

Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective – September 2020 Update

Complying with International Financial Reporting Standard IFRS 9

Asia-Pacific markets improve broadband speeds despite COVID-19 impact


Guangdong Wens Foodstuff profit beats consensus by 30.1% in Q1

Guangdong Wens Foodstuff Group Co. Ltd. said its normalized net income for the first quarter was 21 fen per share, compared with the S&P Capital IQ consensus estimate of 16 fen per share.

EPS declined 43.8% year over year from 37 fen.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.07 billion yuan, a decrease of 43.8% from 1.91 billion yuan in the year-earlier period.

The normalized profit margin fell to 8.4% from 14.2% in the year-earlier period.

Total revenue fell year over year to 12.80 billion yuan from 13.46 billion yuan, and total operating expenses rose 10.1% year over year to 11.27 billion yuan from 10.24 billion yuan.

Reported net income fell 52.4% on an annual basis to 1.47 billion yuan, or 28 fen per share, from 3.09 billion yuan, or 59 fen per share.

As of April 17, US$1 was equivalent to 6.89 yuan.