--- title: "Xiwang Foodstuffs: Will continue to improve the operating conditions of the sports nutrition business" type: "News" locale: "en" url: "https://longbridge.com/en/news/242239262.md" description: "On May 28th, Xiwang Foodstuffs stated on the investor interaction platform that due to the continuous rise in the prices of main raw materials for the sports nutrition business, the company experienced a decline in gross profit due to fluctuations in raw material prices and other factors, leading to a significant provision for goodwill and intangible asset impairment, resulting in a performance loss. The company will continue to improve the operating conditions of the sports nutrition business and enhance its performance" datetime: "2025-05-28T14:41:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/242239262.md) - [en](https://longbridge.com/en/news/242239262.md) - [zh-HK](https://longbridge.com/zh-HK/news/242239262.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/242239262.md) | [繁體中文](https://longbridge.com/zh-HK/news/242239262.md) # Xiwang Foodstuffs: Will continue to improve the operating conditions of the sports nutrition business On May 28th, Xiwang Foodstuffs stated on the investor interaction platform that due to the continuous rise in the prices of main raw materials for the sports nutrition business, the company experienced a decline in gross profit due to fluctuations in raw material prices and other factors, leading to a significant provision for goodwill and intangible asset impairment, resulting in a performance loss. The company will continue to improve the operating conditions of the sports nutrition business and enhance performance ### Related Stocks - [Xiwang Foodstuffs (000639.CN)](https://longbridge.com/en/quote/000639.CN.md) ## Related News & Research - [McDonald's Expands Value Menu With $3 Items](https://longbridge.com/en/news/279080766.md) - [Hogs Look to Wednesday After Tuesday Rally](https://longbridge.com/en/news/278724644.md) - [Pizu Group Details Tajikistan Mining Loan Deal and Planned 45% Stake in Kanzi Diyor](https://longbridge.com/en/news/278384508.md) - [CBOT corn firms as crude oil prices surge on Mideast war](https://longbridge.com/en/news/278928377.md) - [GRAINS-Grain prices gain as oil shoots higher on Middle East war](https://longbridge.com/en/news/278406774.md)