Revenues of Muliang Viagoo Technology Inc's Suppliers, deteriorated by -15.87 % compared to the same quarter a year ago, sequentially sales grew by 7.2 %, Muliang Viagoo Technology Inc recorded an increase in cost of sales by 11.7 % year on year, sequentially cost of sales grew by 267.99 % in Q4.
Muliang Viagoo Technology Inc's Suppliers realized a deteriorated in sales by -15.87 % compared to the same quarter a year ago, sequentially sales grew by 7.2 %, Muliang Viagoo Technology Inc recorded increase in cost of sales by 11.7 % year on year, sequentially cost of sales grew by 267.99 % in Q4.
Muliang Viagoo Technology Inc's Comment on Supply Chain
The company's raw materials for organic feeds consist primarily of hydrolysed crop straw (approximately 54%), plant ash (potassium carbonate, K2CO3) (approximately 4%), and humic acid (approximately 3%). Additional auxiliary materials include monoammonium phosphate and urea. In 2023 and 2022, key suppliers accounting for 10% or more of the company's purchases were Supplier A, Supplier B, Supplier C, Supplier D, and Supplier E. Supplier A represented 33% of purchases in 2023 and 64% in 2022. Supplier B accounted for 12% of purchases in 2022 but was not a major supplier in 2023. Suppliers C, D, and E each accounted for between 18% and 20% of purchases in 2023 but were not major suppliers in 2022.
Muliang Viagoo Technology Inc's Comment on Supply Chain
The company's raw materials for organic feeds consist primarily of hydrolysed crop straw (approximately 54%), plant ash (potassium carbonate, K2CO3) (approximately 4%), and humic acid (approximately 3%). Additional auxiliary materials include monoammonium phosphate and urea. In 2023 and 2022, key suppliers accounting for 10% or more of the company's purchases were Supplier A, Supplier B, Supplier C, Supplier D, and Supplier E. Supplier A represented 33% of purchases in 2023 and 64% in 2022. Supplier B accounted for 12% of purchases in 2022 but was not a major supplier in 2023. Suppliers C, D, and E each accounted for between 18% and 20% of purchases in 2023 but were not major suppliers in 2022.
MHDG's Suppliers Net profit fell by
MHDG's Suppliers Net margin fell in Q4 to
-38.07 %
13.03 %
MHDG's Suppliers Net profit fell by -38.07 %
MHDG's Suppliers Net margin fell in Q4 to 13.03 %
Muliang Viagoo Technology Inc's Suppliers Sales Growth
in Q4 2023 by Industry
Sources:
Muliang Viagoo Technology Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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