Financial Performance - For the first quarter of 2025, the company's operating revenue was RMB 1,404,526 thousand, a slight decrease of 0.1% compared to RMB 1,406,070 thousand in the same period last year[3]. - The gross profit for the first quarter was RMB 150,138 thousand, down 21.1% from RMB 190,370 thousand year-on-year, resulting in a gross margin of 10.7% compared to 13.5% last year[3][4]. - The company reported a loss attributable to shareholders of RMB 12,286 thousand, a significant decline of 145.8% from a profit of RMB 26,850 thousand in the previous year[3][4]. Business Segments - The processed food business accounted for 44.6% of total revenue and 71.1% of total gross profit, making it the largest revenue and profit source for the group[7]. - The sales volume of the processed food business grew by 5.1%, but revenue and gross profit decreased by 0.3% and 24% respectively due to price declines amid oversupply in the market[8]. - The feed business experienced a revenue and gross profit decline of 3.7% and 25.6% respectively, attributed to a shrinking customer base in the pig feed sector[9]. - The company's meat business revenue and gross profit increased by 4.7% and 28.2% respectively compared to the same period last year[10]. Strategic Focus - The company is focusing on long-term strategies including R&D, supply chain improvements, and digitalization to enhance competitiveness despite short-term profitability pressures[8]. - The company is actively expanding its export markets, particularly in Japan, while also seeking to diversify into markets outside Japan to reduce concentration risks[8]. - The company aims to optimize its operational model in the meat business, focusing on high-value customer development to enhance the value per chicken[11]. - The company plans to diversify its feed business through product structure optimization and channel diversification to effectively mitigate market risks[11]. - The company is committed to digital and intelligent transformation to enhance supply chain management and operational efficiency[11]. - The company is actively investing in the research and development of small feed categories and expanding channels to cultivate new markets beyond pig feed[10]. - The company is transitioning its business model from production-driven to demand-driven to improve market competitiveness[10]. - The company will continue to leverage its food business as a growth engine while solidifying the foundation of its feed business[11]. Financial Position - As of March 31, 2025, total assets minus current liabilities stood at RMB 2,704,825 thousand, down from RMB 2,800,326 thousand at the end of 2024[6]. - The company's net asset value was RMB 2,421,065 thousand, slightly down from RMB 2,429,691 thousand at the end of the previous year[6]. - As of March 31, 2025, the company's net assets amounted to RMB 2,421,065 thousand, with cash and cash equivalents accounting for 9.8% of total assets[12]. - The current ratio as of March 31, 2025, was 1.51, slightly down from 1.55 on December 31, 2024[12]. - The ratio of interest-bearing borrowings to equity was 22.7% as of March 31, 2025, down from 23.3% on December 31, 2024[12].

Financial Performance - For the year ended December 31, 2024, the operating income decreased by 9.1% to RMB5,834,604, compared to RMB6,418,966 in 2023[15]. - Profit attributable to owners increased by 25.1% to RMB58,831, up from RMB47,024 in 2023[15]. - Total assets rose by 2.5% to RMB3,879,690, while net assets increased by 2.0% to RMB2,429,691[15]. - Basic profit per share improved by 25.1% to RMB0.06, compared to RMB0.05 in the previous year[15]. - The return on total assets increased to 2.17%, up from 1.99% in 2023, reflecting a 9.1% improvement[15]. - In 2024, the company's turnover decreased by 9.1% to RMB 5,834,604, while gross profit increased by 10.7% to RMB 733,407, resulting in a gross profit margin of 12.6%[55]. - Profit attributable to equity shareholders rose by 25.1% to RMB 58,831 compared to RMB 47,024 in 2023[55]. Business Segments - The feed business accounted for 44.1% of total turnover in 2024, while meat and processed foods contributed 26.4% and 29.5% respectively[19]. - In 2024, the operating income of the food segment grew by 11% year-on-year, accounting for 44% of the Company's total operating income and 71% of its gross profit[28][30]. - The processed foods business accounted for 44.1% of total operating income and 71.2% of total gross profit, demonstrating its role as the largest revenue and profit source for the Group[67][68]. - The operating income and gross profit of processed foods increased by 10.7% and 9.2% respectively year-on-year, with fourth-quarter growth of 8.7% and 5.5%[71]. - The feeds business experienced a significant decline, with operating income down 24.0% year-on-year and gross profit decreasing by 6.3%[79][80]. - The domestic food business saw operating income and gross profit increase by 9.4% and 10.1% respectively, despite a slow recovery in the domestic catering market[73][75]. - The export food business achieved a notable increase in operating income of 21.5% year-on-year, although gross profit only rose by 2.2%[74][76]. - In 2024, the operating income of the meat product business decreased by 15.9% year-on-year, while gross profit increased by 116.1% year-on-year[84][86]. - The gross profit margin for the meat product business improved to 4.4% in 2024 from 1.7% in 2023[84]. Strategic Initiatives - The Company has restructured its business model to focus on downstream food processing while downscaling upstream breeding operations to mitigate price fluctuation risks in the white feather broiler market[26][40]. - The Company is prioritizing investments in food supply chain, research and development, and digital operations to strengthen its position in the food processing industry[34][36]. - The Company aims to develop healthier and tastier fully-cooked products while promoting antibiotics-free and additive-free measures along the supply chain[33][35]. - The Company is focusing on building core competitiveness in two regions: the Yangtze River Delta with Bengbu as the core and northeast China with Dalian as the core[34][36]. - The Company is committed to optimizing its supply chain by aligning with customer demands and reducing risks associated with market fluctuations[38][40]. - The Company has emphasized cash management and prudent financial operations to navigate the challenging external environment[39][41]. - The Company is investing in automation and digitalization to enhance production efficiency and decision-making capabilities[44]. - Future strategies include expanding food production capacity and developing high-quality, cost-effective products to meet growing market demand for processed foods[77]. - The company plans to focus on food product development and enhance the value of meat products to mitigate the impact of market fluctuations[51]. - The company will continue to diversify its feed products and channels to counter risks associated with the hog cycle and market changes[51]. Governance and Management - The company was awarded an A grade in the Wind ESG rating in July 2024, reflecting its commitment to sustainable development and corporate governance[48]. - The company emphasizes the importance of corporate social responsibility and aims to provide safe and healthy food products to consumers[52]. - The strategic focus remains on downstream food processing rather than upstream scale expansion, ensuring synergistic development across the industrial chain[59]. - The company has a diverse board with members holding degrees from prestigious institutions, enhancing its strategic decision-making capabilities[139][141][146]. - The company emphasizes the integration of finance with the agricultural sector, which may lead to innovative investment strategies[134]. - The board's composition includes professionals with extensive experience in financial advisory and accounting, ensuring robust financial oversight[140][145]. - The company is focused on enhancing its governance structure through the appointment of experienced independent directors[140][147]. - The strategic appointments made in 2023 reflect the company's commitment to improving its operational and governance frameworks[140][145][147]. - The Company has adopted the latest corporate governance code as guidelines for its governance practices[167]. - The Board believes that good corporate governance is essential for maintaining trust with employees, partners, shareholders, and investors[166]. Financial Position - The Group's cash and bank deposit balances decreased by RMB57,193 thousand to RMB469,747 thousand as of December 31, 2024[94]. - The net cash generated from operations in 2024 was RMB306,153 thousand, a decrease of RMB101,099 thousand from 2023[94]. - Interest-bearing borrowings increased by RMB37,158 thousand to RMB567,237 thousand in 2024, with the interest-bearing borrowings to equity ratio at 23.3%[94]. - The Group's interest expense rose by 30.6% to RMB23,168 thousand in 2024, primarily due to an increase in average outstanding borrowings[98]. - The Group recorded other operating income of RMB24,930 thousand in 2024, a slight decrease from RMB25,192 thousand in 2023[90]. - Distribution costs accounted for 6.11% of total turnover in 2024, up from 5.26% in 2023[93]. - The Group's capital expenditure in 2024 amounted to RMB335,465 thousand, primarily funded by internal resources and bank borrowings[101]. - As of December 31, 2024, the Group's contracted capital expenditure not provided in the financial statements was RMB 45,114 thousand, a decrease of 36% from RMB 70,827 thousand in 2023[108]. - The capital expenditure authorized but not contracted for was RMB 93,814 thousand, down 58.7% from RMB 227,107 thousand in 2023[108]. Human Resources - The Group had a total of 8,324 employees as of December 31, 2024, representing an increase of 4.4% from 7,972 employees in 2023[109]. Leadership - Mr. Han Chia-Yau has been the chairman of GWE since 2001 and has been a non-executive director since 2007[123]. - Mr. Harn Jia-Chen has over 30 years of experience in the Asia Pacific feed and food production business[131]. - Mr. Han Jia-Hwan was elected as one of the Taiwan Ten Outstanding Young Persons in 1994 for his contributions to the agricultural industry[131]. - Mr. Harn Jia-Chen has been a member of the remuneration committee since January 2019[127]. - Mr. Han Jia-Hwan has served as the chairman of multiple subsidiaries including DaChan Wanda (Tianjin) Co., Ltd. since 1999[131]. - Mr. Harn Jia-Chen obtained his master's degree in business administration from the University of New Haven in 1986[128]. - Mr. Han Jia-Hwan received his master's degree in business administration from the University of Chicago in 1983[132]. - Mr. Harn Jia-Chen has been a member of the nomination committee since 2007[127]. - Mr. Han Jia-Hwan has been a non-executive director since January 2019 after serving as an executive director from 2007 to 2018[131]. - Mr. Wei An-Ning has extensive experience in the agricultural and food sectors, having held various leadership roles in financial and agricultural institutions[133]. - Mr. Wei Anning has extensive experience in finance and the agricultural and livestock food industry, having held various executive roles and directorships in multiple companies[134]. - Mr. Ting Yu-Shan has been appointed as the chairman of the audit committee effective from June 30, 2023, showcasing the company's commitment to strong governance[140]. - Mr. Hsia, Li-Yan has been appointed as the chairman of the remuneration committee effective from June 30, 2023, indicating a focus on executive compensation oversight[145]. - Ms. Lee Tsai, Yu-Ling has been appointed as the chairlady of the nomination committee effective from June 30, 2023, reflecting the company's emphasis on board diversity and governance[147]. - Mr. Gao Kong-Lian has been appointed as an independent non-executive director effective from June 30, 2023, bringing significant academic and industry experience to the board[150].

Financial Performance - The operating revenue for the year ended December 31, 2024, was RMB 5,834,604, a decrease of 9.1% compared to RMB 6,418,966 in 2023[3] - Gross profit increased by 10.7% to RMB 733,407, with a gross margin of 12.6%, up from 10.3% in the previous year[3] - Profit attributable to shareholders rose by 25.1% to RMB 58,831, compared to RMB 47,024 in 2023[3] - Basic earnings per share increased to RMB 0.058 from RMB 0.046, reflecting improved profitability[5] - The total segment operating income for 2024 is 7,217,226, down from 8,154,471 in 2023, indicating a decrease of about 11.5%[20] - The group reported a net profit of 84,312 for 2024, compared to 75,380 in 2023, indicating an increase of about 11.9%[18] - In 2024, the company's total revenue was RMB 5,834,604 thousand, a decrease of 9.1% year-on-year, while net profit attributable to shareholders increased by 25.1% to RMB 58,831 thousand[47] Assets and Liabilities - Total non-current assets amounted to RMB 2,209,335, an increase from RMB 2,045,539 in 2023[7] - Current assets decreased to RMB 1,670,355 from RMB 1,738,411, with cash and cash equivalents at RMB 469,747[7] - Total liabilities decreased to RMB 1,450,000 from RMB 1,402,937, indicating improved financial stability[8] - The company reported a net asset value of RMB 2,429,691, up from RMB 2,381,013 in the previous year[8] - The total liabilities for the group increased to 1,449,999 in 2024 from 1,402,937 in 2023, representing an increase of approximately 3.4%[20] - The group's total non-current assets in 2024 are reported at 2,042,897, an increase from 1,885,561 in 2023, showing a growth of about 8.3%[23] Revenue Breakdown - Revenue from the mainland China market for 2024 is 5,519,176, down from 6,157,786 in 2023, a decrease of approximately 10.4%[23] - Sales revenue from chain restaurant customers grew rapidly by 43% year-on-year, becoming a significant driver for the growth of processed food business[44] - Processed food business revenue increased by 10.7% year-on-year to RMB 2,571,851 thousand, with gross profit rising by 9.2% to RMB 522,021 thousand[49] - The feed business revenue decreased by 24% year-on-year to RMB 1,720,637 thousand, with gross profit declining by 6.3%[54] - The meat business revenue fell by 15.9% year-on-year to RMB 1,542,116 thousand, but gross profit surged by 116.1% to RMB 67,453 thousand[57] Expenses and Costs - The group's depreciation and amortization expenses for 2024 amounted to 171,696, up from 130,260 in 2023, reflecting an increase of approximately 31.9%[18] - The group's financial expenses for 2024 were reported at 23,168, compared to 17,738 in 2023, indicating an increase of about 30.5%[20] - Distribution costs accounted for 6.11% of total operating income in 2024, up from 5.26% in 2023[61] - Administrative expenses represented 4.86% of total operating income in 2024, compared to 3.88% in 2023[62] Cash Flow and Investments - As of December 31, 2024, the group's cash and bank deposits totaled RMB 469,747 thousand, a decrease of RMB 57,193 thousand from 2023[63] - The group's net cash generated from operating activities in 2024 was RMB 306,153 thousand, down RMB 101,099 thousand from 2023[63] - Capital expenditures in 2024 amounted to RMB 335,465 thousand, primarily funded by internal resources and bank loans[64] Strategic Focus and Future Outlook - The company continues to focus on the production and sale of poultry feed, poultry, and processed meat products, indicating a stable operational strategy[10] - The company plans to enhance food production capacity and develop high-quality, cost-effective products to strengthen market competitiveness[52] - The company aims to optimize supply chain management and improve operational efficiency through digital transformation[46] - The company will continue to focus on processed food as the main growth driver while diversifying its product offerings and market channels[46] - The company anticipates a shift in industry competition from growth to a more intense competition in the existing market due to oversupply and weak demand[43] Governance and Compliance - The audit committee has been established in accordance with the "Listing Rules" and has defined its scope of authority[79] - The audit committee is responsible for evaluating financial statements and providing recommendations on financial reporting, internal controls, and risk management systems[79] - The audit committee consists of independent non-executive directors, ensuring no disagreements with external auditors regarding accounting policies[79] - The executive directors include the chairman, Mr. Wei Junxian, and Mr. Han Jiayin[81] - The board of directors includes several non-executive and independent non-executive directors, ensuring a diverse governance structure[81]

Financial Performance - For the nine months ended September 30, 2024, the company's operating revenue was RMB 4,316,818 thousand, a decrease of 10.7% compared to RMB 4,834,221 thousand in the same period last year[1][2]. - The company's net profit attributable to shareholders was RMB 36,910 thousand, down 44.6% from RMB 66,604 thousand year-on-year[1][2]. - The gross profit increased to RMB 543,513 thousand, representing a growth of 4.4% from RMB 520,850 thousand in the previous year, with a gross margin of 12.6% compared to 10.8% last year[1][2]. Business Segments - Processed food business accounted for 45.2% of total revenue and 71.7% of total gross profit, indicating its position as the largest revenue and profit source for the group[6][7]. - The processed food segment saw revenue and gross profit growth of 11.4% and 10.6% respectively, despite a slow recovery in the domestic catering market[6][7]. - In the first three quarters of 2024, the feed business revenue decreased by 25.5% year-on-year, and gross profit decreased by 2.9%[8]. - The meat business revenue and gross profit decreased by 20.4% and 19.6% year-on-year, respectively, due to limited recovery in domestic market consumption and oversupply in the broiler chicken industry[9]. Strategic Initiatives - The company plans to enhance its food production capacity and develop differentiated high-quality products using advanced production technologies[7]. - The company is focusing on expanding its export markets, particularly in Japan, while also diversifying to reduce risks associated with market concentration[7]. - The company aims to improve supply chain efficiency through digital transformation and increase customer engagement via retail channel promotions[7]. - The company is focusing on product diversification and channel diversification to mitigate market risks and enhance competitiveness[10]. - The company is actively developing new markets and customers beyond pig feed to diversify its product offerings and reduce market risks[8]. - The company is accelerating the transformation of its business model in the meat sector to be more customer demand-driven, enhancing supply chain flexibility[9]. - The company aims to improve cash flow management and increase the value of each chicken through focused customer development[10]. - The company is advancing its digital transformation and optimizing supply chain management to enhance overall industry competitiveness and cyclical resilience[10]. Market Trends - The overall market demand for high-quality processed foods is expected to rise due to increasing consumer awareness of healthy eating and stricter food safety standards[7]. Financial Position - As of September 30, 2024, the company's net assets amounted to RMB 2,414,225 thousand, with cash and cash equivalents accounting for 13.8% of total assets[11]. - The current ratio as of September 30, 2024, was 1.61, slightly up from 1.56 on December 31, 2023[11]. - The ratio of interest-bearing borrowings to equity was 23.6% as of September 30, 2024, compared to 22.3% on December 31, 2023[11].

DaChan Food (Asia) Limited 大 成 食 品（亞洲）有 限 公 司 (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 3999 2C2 Interim Report 中 期 報 告 大成 享 受 安 心 美 食 目錄 CONTENTS 公司資料 Corporate Information 主席報告 Chairman's Statement 管理層討論與分析 Management Discussion and Analysis 綜合損益表 Consolidated Income Statement 綜合損益及其他全面收益表 Consolidated Statement of Profit or Loss and Other Comprehensive Income 綜合財務狀況表 Consolidated Statement of Financial Position 綜合權益變動表 Consolidated Statement of Changes ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立的有限責任公司） （股份代號：3999） 截至二零二四年六月三十日止六個月中期業績公佈 大成食品（亞洲）有限公司（「本公司」）董事會（「董事會」）謹此公佈本公司及其附屬公司（以下合稱「本集 團」）截至二零二四年六月三十日止六個月的未經會計師審核綜合業績： 財務摘要 | --- | --- | --- | --- | |----------------------------------|--------------|-------------------------------------|------------| | | 二零二四年 | 截至六月三十日止六個月 \n二零二三年 | 增減百分比 | | | （未經審核） | （未經審核） | | | | | | | | 經營收入（人民幣千元） | 2,794,444 | 3,142,785 | -11.1 | | 毛利（人民幣千元） ...

Financial Performance - For the three months ended March 31, 2024, the operating revenue was RMB 1,406,070 thousand, a decrease of 8.1% compared to RMB 1,529,353 thousand in the same period of 2023[1] - Gross profit increased by 21.7% to RMB 190,370 thousand, with a gross margin of 13.5%, up from 10.2% in the previous year[1] - Profit attributable to shareholders was RMB 26,850 thousand, representing a significant increase of 162.1% from RMB 10,244 thousand year-on-year[1] - Basic earnings per share increased to RMB 0.026 from RMB 0.010 in the previous year, reflecting improved profitability[28] - In Q1 2024, the company's operating revenue was RMB 1,406,070 thousand, a decrease of 8.1% year-on-year; however, net profit attributable to shareholders increased by 162.1% to RMB 26,850 thousand, primarily due to robust growth in processed food sales[40] Business Segments - The processed food business accounted for 44.7% of total revenue and 73.8% of total gross profit, highlighting its role as the main revenue and profit driver for the group[18] - Export revenue for processed foods remained stable year-on-year, but gross profit increased by 30.1% due to continuous R&D innovation and production efficiency improvements[19] - The meat business saw a revenue decline of 21.4% and a gross profit decline of 40.4%, attributed to limited recovery in domestic market consumption and oversupply in the market[21] - The food segment's revenue and gross profit grew by 20% and 31.9% year-on-year, respectively, with domestic food sales increasing by 22.8% and gross profit by 32%[40] - The feed segment experienced a revenue decline of 23.7% year-on-year, while gross profit increased by 26%, attributed to a surplus in the pig farming market leading to lower sales volumes[42] Strategic Plans - The company plans to expand food production capacity and accelerate the scaling process to stabilize profits and mitigate risks associated with meat market fluctuations[20] - For 2024, the company aims to enhance operational efficiency and strengthen cash flow management while focusing on food scaling, feed diversification, and meat value enhancement[22] - The company will continue to seek new growth sources and optimize its operational model in response to increasing competition in the agricultural and livestock food industry[22] - The company is diversifying its product offerings in the feed segment to mitigate market risks and strengthen partnerships with medium to large-scale farms[42] - The company is focusing on digital transformation to improve supply chain efficiency and better meet customer demands[40] Financial Position - As of March 31, 2024, the company's net assets stood at RMB 2,415,960 thousand, with cash and cash equivalents accounting for 13.9% of total assets[44] - The current ratio improved to 1.67 as of March 31, 2024, compared to 1.56 on December 31, 2023[44] - The ratio of interest-bearing borrowings to equity increased to 24.4% from 22.3% as of December 31, 2023[44] Customer and Market Engagement - The company continues to invest in product development and supply chain collaboration with strategic customers to enhance customer loyalty and market presence[40] - The company is a subsidiary of Great Wall Enterprises Co., Ltd., which holds approximately 57.19% of its issued shares, impacting its financial reporting[44]

謝謝股東的支持 Hong Kong March 2024 2024年國際政治經濟環境與國內經濟形 勢或將存在更多不確定性。面對不利的 外部環境，公司經營策略的重點依然是 穩中求進，持續構建長期相對競爭力： 集中資源發展食品，加快食品增長步 伐，以食品帶動一條龍的整體發展；繼 續推動飼料產品多元化，以對抗豬週期 的風險；繼續調整肉品商業模式，聚焦 差異化產品與產值提升，以降低行情波 動對業績的影響。 管理層討論與分析 Management Discussion and Analysis 二零二三年，國內餐飲收入同比增長20.4%， 其中有二零二二年第四季度新冠疫情管控期間 基數較低的影響。與新冠疫情出現前的二零 一九年相比，國內餐飲收入增長了13.2%，顯 現出在整體需求不足的市場環境中餐飲業逐步 呈現復甦勢頭。本集團深耕餐飲渠道多年，面 對複雜多變的外部環境與供過於求的產業格 局，堅持以加工食品為龍頭帶動一條龍的整體 發展。受益於這一核心戰略，在第四季度國內 肉雞市場行情急轉直下之時，本集團憑借加工 食品業務與肉品業務之間的風險對沖從而避免 了更大損失。 本集團在安徽省蚌埠市新建的食品廠、電宰廠 和飼料廠已在 ...

Financial Performance - Operating revenue for 2023 was RMB 6,418,966 thousand, an increase of 3.6% compared to RMB 6,195,175 thousand in 2022[2] - Gross profit for 2023 decreased to RMB 662,690 thousand, down 2.5% from RMB 680,906 thousand in 2022[2] - Net profit for the year was RMB 75,380 thousand, a decline of 38.5% from RMB 122,480 thousand in the previous year[2] - Basic and diluted earnings per share for 2023 were RMB 0.046, compared to RMB 0.090 in 2022, reflecting a decrease of 48.9%[2] - The operating profit for the year was 101,668, down from 149,560 in 2022, indicating a decline of about 32%[38] - The company reported a net profit of 75,380 for 2023, compared to 122,480 in 2022, reflecting a decrease of approximately 38.4%[38] - The pre-tax profit for 2023 was RMB 86,050 thousand, a decrease of 37.3% compared to RMB 137,272 thousand in 2022[61] - Basic earnings per share for 2023 were RMB 47,024 thousand, a decline of 48.8% from RMB 91,852 thousand in 2022[87] Assets and Liabilities - Total assets less current liabilities increased to RMB 2,672,651 thousand in 2023 from RMB 2,630,551 thousand in 2022[5] - Non-current assets, including property, plant, and equipment, rose to RMB 1,636,588 thousand, up from RMB 1,240,947 thousand in 2022, indicating a significant investment in infrastructure[6] - Total assets reported for 2023 were 3,053,954, an increase from 2,784,151 in 2022, showing a growth of about 9.7%[38] - The total liabilities reported for 2023 were 960,262, an increase from 873,847 in 2022, indicating a growth of about 9.9%[38] - Total liabilities rose to RMB 1,402,937 thousand in 2023, up 12.4% from RMB 1,248,170 thousand in 2022[61] - Interest-bearing borrowings increased by RMB 152,839 thousand to RMB 530,079 thousand in 2023, with a debt-to-equity ratio of 22.3%[129] Revenue Sources - The company’s external customer operating revenue for processed food was 2,322,970 in 2023, up from 2,151,768 in 2022, representing an increase of approximately 7.9%[38] - Revenue from external customers in mainland China was RMB 6,157,786 thousand, up 4.7% from RMB 5,883,960 thousand in 2022[65] - The company's revenue from processed food, feed, and meat businesses accounted for 36.2%, 35.3%, and 28.5% of total revenue, respectively, with processed food being the largest source of revenue and profit[98] - The company's operating income from the domestic market increased by 10.8% to RMB 2,063,168 thousand, while export income decreased by 10.4% to RMB 259,802 thousand[100] Cost Management - The company reported a decrease in administrative expenses to RMB 248,739 thousand from RMB 264,290 thousand, reflecting cost control measures[2] - The company incurred financial expenses of 17,738 in 2023, up from 11,278 in 2022, marking an increase of approximately 57.5%[40] - The distribution cost as a percentage of total operating revenue was 5.26% in 2023, compared to 4.97% in 2022[107] - The company's administrative expenses accounted for 3.88% of operating revenue in 2023, down from 4.27% in 2022[129] Investment and Capital Expenditures - The company has committed but unprovided capital expenditures of RMB 70,827 thousand as of December 31, 2023, down from RMB 531,809 thousand in 2022[114] - Capital expenditures for 2023 amounted to RMB 529,018 thousand, primarily funded by internal resources and bank borrowings[130] Market Challenges and Strategies - The company continues to face challenges such as insufficient effective demand and overcapacity in certain industries amid global economic uncertainties[79] - The company plans to continue expanding food production capacity and optimizing its product portfolio to mitigate risks associated with market fluctuations[97] - The company aims to enhance customer engagement through increased investment in direct sales channels and digital transformation initiatives[100] - The company will focus on diversifying its export markets to reduce risks associated with over-concentration in specific regions[101] Dividends - The company did not declare any dividends for the year, maintaining a focus on reinvestment[2] - The company did not declare any final dividends for the years ended 2023 and 2022[48] - The company decided not to distribute dividends for the 2023 fiscal year, consistent with the previous year[112] Operational Highlights - The domestic food business maintained steady growth, with revenue and gross profit increasing by 10.8% and 14.1% year-on-year, respectively[98] - The processed food segment saw an 8.0% increase in operating revenue and a 13.3% increase in gross profit year-on-year for 2023, driven by robust growth in domestic food sales[121] - The meat business experienced a 7.6% increase in operating revenue in 2023, but gross profit decreased by 72.0% due to oversupply in the broiler market[126]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限責任公司） （股份代號：3999） 截至二零二三年九月三十日止九個月業績公佈 大成食品（亞洲）有限公司（「本公司」）董事會（「董事會」）謹此公佈本公司及其附屬公司（以下合稱「本集 團」）截至二零二三年九月三十日止九個月的未經會計師審核綜合業績： 財務摘要 | --- | --- | --- | |------------|------------------------|------------| | | 截至九月三十日止九個月 | | | 二零二三年 | 二零二二年 | 增減百分比 | （未經審核） （未經審核） | --- | --- | --- | --- | |----------------------------------|-----------|-----------|-------| | 經營收入（人民幣千元） | 4,834,221 | 4,512,433 ...