NEW HOPE(000876)2025-04-02 11:20Financial Performance - The estimated net profit attributable to shareholders for Q1 2025 is projected to be between 430 million and 500 million CNY, representing a year-on-year increase of 122.23% to 125.85% compared to a loss of 1,934.42 million CNY in the same period last year [2]. - The estimated net profit after deducting non-recurring gains and losses is expected to be between 431 million and 501 million CNY, also reflecting a year-on-year increase of 122.27% to 125.89% compared to a loss of 1,935.41 million CNY last year [2]. - The basic earnings per share is projected to be between 0.09 CNY and 0.11 CNY, compared to a loss of 0.43 CNY per share in the same period last year [2]. - The financial data presented is preliminary and will be detailed in the Q1 2025 report [6]. Operational Improvements - The company completed multiple biosecurity upgrades in its pig farming operations in 2024, leading to a reduction in breeding costs both year-on-year and month-on-month [4]. - The company experienced a slight increase in pig prices compared to the same period last year, contributing to a reduction in losses in the pig farming business [4]. - The feed business achieved both volume and profit growth in Q1 2025 [4]. Risks and Challenges - Risks include outbreaks of animal diseases, significant fluctuations in feed raw material prices, cyclical volatility in livestock prices, changes in environmental policies, and food safety issues [5].