Moody's: WH Group's steady 1H 2017 results support its Baa2 rating and stable outlook
Announcement: Moody's: WH Group's steady 1 H 2017 results support its Baa2 rating and stable outlook. Global Credit Research- 15 Aug 2017. Hong Kong, August 15, 2017-- Moody's Investors Service says that WH Group Limited's stable operating and financial performance in the first half of 2017 support its Baa2 issuer rating and stable rating outlook.WH Group is an investment holding company. Through its subsidiaries, Co. operates its pork business through four segments. Packaged Meats is engaged in the production, wholesale and retail sales of low temperature and high temperature meat products. Fresh Pork is engaged in the slaughtering, wholesale and retail sales of fresh and frozen meat. Hog is enageged in hog farming. Others segment is engaged in the slaughter and sale of poultry, manufacture and sale of packaging materials, provision of logistics services, operate a chain of retail grocery stores, produce flavoring ingredients and natural casings, and sale of biological pharmaceutical materials.
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