Sunner(SZ:002299)2024-07-05 11:37Financial Performance - The company expects a net profit attributable to shareholders of 8,000.00 to 12,000.00 million CNY for the first half of 2024, a decrease of 81.24% to 71.86% compared to the same period last year, where it was 42,638.58 million CNY[2] - The net profit after deducting non-recurring gains and losses is projected to be between 7,000 million CNY and 11,000 million CNY, reflecting a decline of 82.17% to 71.99% year-on-year, compared to 39,265.86 million CNY last year[2] - The company plans to release further details in the 2024 semi-annual report, emphasizing the preliminary nature of the earnings forecast[6] Operational Growth - The company's slaughtering scale increased by over 20% compared to the same period last year, contributing to stable growth in production and sales[5] - The food segment's sales volume increased by over 10% year-on-year, supported by the implementation of the "big food" strategy[5] - The B-end export business saw a remarkable growth of over 30% year-on-year[5] - The C-end offline revenue grew by over 40% year-on-year, driven by enhanced distributor networks and brand resource investments[5] Cost Management - The company has focused on cost reduction and efficiency improvement, leading to a significant enhancement in breeding efficiency compared to the previous year[5] - The comprehensive breeding costs have significantly decreased compared to the same period last year, contributing to improved profitability in a challenging industry environment[5] Market Expansion - The company achieved a breakthrough in self-researched breeding chicken exports, successfully exporting to Tanzania, marking its entry into the international market[5]