Adisseo(600299)2024-07-09 12:26Financial Performance - The company expects a net profit attributable to shareholders for the first half of 2024 to be between 550 million and 650 million yuan, an increase of 516.6 million to 616.6 million yuan compared to the same period last year, representing a year-on-year increase of 1546.71% to 1846.11%[1] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 650 million and 750 million yuan, an increase of 639.36 million to 739.36 million yuan compared to the same period last year, representing a year-on-year increase of 6009.02% to 6948.87%[1] - The previous year's net profit attributable to shareholders was 33.4 million yuan, with a net profit after deducting non-recurring gains and losses of 10.64 million yuan[2] Business Performance - The strong growth in the company's methionine business is attributed to the continued penetration of liquid methionine and stable sales prices[3] - The specialty products business remains vibrant, particularly with rapid growth in monogastric animal products and aquatic products, despite a slight downturn in ruminant business due to low milk prices in the U.S.[3] - Decreased raw material and energy costs, along with effective management of global supply chains, distribution channels, and tariffs, contributed to the performance[3] - Strict cash and working capital management, along with ongoing cost control and competitiveness enhancement plans, supported the significant profit increase[3] - The company has maintained a strong operational momentum in Q2 2024, continuing the positive trend from Q1[3] Forecast and Risks - The performance forecast is based on preliminary estimates and has not been audited by an accounting firm[4] - Investors are advised to pay attention to investment risks as the specific financial data will be confirmed in the company's 2024 semi-annual report[4]