Aonong Group(SH:603363)2024-07-09 08:08Financial Performance - The company expects a net profit attributable to shareholders for the first half of 2024 to be between -450 million and -550 million yuan[6]. - The estimated net profit excluding non-recurring gains and losses is projected to be between -510 million and -610 million yuan[21]. - The company reported a net profit of -809.32 million yuan for the same period last year[8]. - The decline in performance is primarily due to insufficient working capital and a decrease in feed sales compared to the same period last year[15]. Sales and Operations - The company sold 1.3803 million pigs, a decrease of 52.79% compared to the same period last year, leading to a significant drop in sales revenue[24]. - The overall operating performance of the breeding segment remains in a loss state[24]. Financial Challenges - Financial burdens are heavy due to normal interest accrual on bank loans during the pre-restructuring phase[25]. - The company is currently in a restructuring phase, which has not yet been completed[15]. Market Risks - The company warns that significant fluctuations in market prices and risks from diseases like African swine fever may impact operational performance[25]. - The data provided is preliminary and subject to change upon the official release of the 2024 semi-annual report[17].