大北农(002385) - 2024 Q2 - 季度业绩预告

Financial Performance - The company expects a net loss of between 150 million and 180 million yuan for the first half of 2024, compared to a loss of 774.04 million yuan in the same period last year, indicating a reduction in losses by 76.75% to 80.62%[2] - The net loss after deducting non-recurring gains and losses is projected to be between 180 million and 210 million yuan, a decrease in losses by 70.37% to 74.61% compared to a loss of 708.83 million yuan last year[2] - Basic earnings per share are expected to be a loss of 0.04 yuan per share, improved from a loss of 0.19 yuan per share in the previous year[2] Operational Improvements - The significant reduction in losses is attributed to normal operations in the feed and seed businesses, as well as a reduction in losses from the pig farming business due to improved market conditions in the second quarter[3] - The company reported that the second quarter saw a recovery in the pig market, with production indicators continuously improving and a decrease in costs due to lower prices of major raw materials like corn and soybean meal[3]