Financial Performance Expectations - The company expects a net profit loss of approximately 14,500 million yuan for the year 2024, compared to a loss of 8,147.51 million yuan in the same period last year[3] - The net profit after deducting non-recurring gains and losses is projected to be a loss of 15,800 million yuan, compared to a loss of 10,486.01 million yuan in the previous year[3] - Basic earnings per share are expected to be a loss of 0.74 yuan, down from a loss of 0.42 yuan per share in the same period last year[3] Factors Affecting Performance - The decline in performance is attributed to a significant loss in the fair value of biological assets, estimated between 55 million yuan and 85 million yuan, due to falling raw milk prices and market cattle prices[5] - Increased market competition has led to a substantial rise in sales expenses, which have grown significantly year-on-year to maintain regional market share[5] Financial Reporting - The financial data presented is preliminary and subject to change, with the final figures to be disclosed in the official 2024 annual report[6]
庄园牧场(002910) - 2024 Q4 - 年度业绩预告