Monday, April 3, 2017
WH Group Limited provides meat processing services, supplies chilled meat, meat products,and other related products. WH was formed in January of 2014 when Shuanghui International changed its name after it acquired Smithfield Foods, a U.S. competitor.
WH Group Ltd.’s operating profit growth should outpace sales gains in coming years as it focuses more on higher-margin premium-priced branded sausages, deli meats and ready meals. Nathan’s hot dogs and Healthy Ones deli meats will likely help it capitalize on China’s growing appetite for beef, turkey and other animal proteins. Its U.S. subsidiary will likely boost pork exports to China over the next one to two years to capitalize on the country’s higher prices.
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