WH Group Ltd
Company Profile
Business description
WH Group is a holding company and the world’s largest vertically integrated producer of pork and related packaged meat products. Its revenue is mainly derived from activities undertaken by its China and US operations, which are respectively via 70.3%-owned Henan Shuanghui Investment & Development Co., or Shuanghui, and wholly owned Smithfield Foods Inc. In the US, its key packaged meats brands, in which it has an 8% market share, include Nathan’s hot dogs, Armour, John Morrell, and Curly’s, while in China, products are mainly under the Shuanghui brand, where it also has a 32% market share. We expect the company’s operating profit to be split almost equally between the US and China going forward with a small contribution from Europe.
Contact
1 Austin Road West
Unit 7602B-7604A
Level 76, International Commerce Centre
Kowloon
Hong Kong
HKGT: +852 28682828
Sector
Consumer Defensive
Stock type
Defensive
Industry
Packaged Foods
Fiscal Year End
31 December 2024
Employees
101,000
Morningstar Investment Ideas
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