KINGSINO(002548)2025-01-24 10:10Financial Performance Expectations - The company expects a net profit attributable to shareholders of 30 million to 40 million yuan for 2024, representing a growth of 104.55% to 106.06% compared to a loss of 65.99 million yuan in the same period last year[3]. - The net profit after deducting non-recurring gains and losses is expected to be a loss of 500 million to 750 million yuan, which indicates a reduction in loss by 98.69% to 99.12% compared to a loss of 57.09 million yuan last year[3]. - The basic earnings per share are projected to be between 0.037 yuan and 0.050 yuan, recovering from a loss of 0.84 yuan per share in the previous year[3]. Factors Influencing Profitability - The turnaround to profitability is primarily due to an increase in sales volume of feed products and higher average selling prices of live pigs, along with a decrease in breeding costs compared to the previous year[6]. - The company has confirmed government subsidies and non-current asset disposals, which contributed to the net loss after non-recurring items[7]. - The company warns that significant fluctuations in live pig market prices may have a substantial impact on its operating performance[8]. Earnings Forecast and Communication - The company has communicated with the accounting firm regarding the earnings forecast, and there are no significant discrepancies noted[4]. - The earnings forecast has not been audited by the accounting firm, and the final figures will be confirmed in the annual report[5]. - The earnings forecast is based on preliminary estimates by the company's finance department, with final data to be disclosed in the 2024 annual report[9]. - The company has designated specific media for information disclosure, including Securities Times and Shanghai Securities Journal[9].