The company is engaged in various livestock industries such as pig farming and Hanwoo (Korean native beef), with a focus on the pig farming sector. It can be divided into two businesses: the production and sale of fattening pigs for the meat industry, and the production and sale of breeding pigs for reproduction. In terms of revenue in the pig farming sector, 93.5% comes from fattening pigs and 6.5% comes from breeding pigs.
The company's processed meat distribution business is primarily focused on slaughtering, processing, and selling cattle and pigs at the LPC (Livestock Processing Center) located in Gangwon Province, which is the only facility of its kind in the area.
As of September 2023, compared to the same period last year, the company's consolidated sales increased by 0.1%, operating profit decreased by 67.1%, and net profit decreased by 70%. The company maintains trading relationships with meat processing companies, preferring large-scale farms that can provide high-quality and stable supplies of fattening pigs to secure competitiveness. Each subsidiary manager maintains sales management by maintaining relationships with trading partners and within the limits of advance payments (collateral), ensuring stable sales.
Diary of 20-year stock trader's actual transactions “Look at the execution chart.^^”
1. Trade without experiencing any stress.
2. Always trade with enjoyment.
3. If you have any questions, feel free to ask anytime.
