MQR(SZ:002719)2025-01-15 10:25Financial Performance - The company expects a net profit attributable to shareholders of between -150 million to -220 million RMB, a decrease of 54.48% to 126.57% compared to the same period last year [2]. - The net profit after deducting non-recurring gains and losses is projected to be between -145 million to -210 million RMB, a decrease of 47.07% to 113% year-on-year [2]. - Basic earnings per share are expected to be between -0.8614 to -1.2634 RMB, compared to a loss of 0.5576 RMB per share in the previous year [2]. Market Conditions - The decline in revenue is attributed to intensified competition in the dairy industry, leading to decreased sales and gross margins [4]. - The domestic supply-demand imbalance of raw milk has resulted in declining market prices and impairment provisions for biological assets [5]. Operational Adjustments - The company is optimizing its cattle structure, increasing the elimination rate of biological assets, which has led to increased losses in its livestock breeding business [5]. - The performance forecast is based on preliminary estimates by the company's finance department and is subject to change pending the annual report [6].