Shennong Group(605296)2025-01-22 09:55Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between 610 million yuan and 750 million yuan, indicating a turnaround from a loss in the previous year[3]. - The expected net profit after deducting non-recurring gains and losses is projected to be between 621 million yuan and 761 million yuan for 2024[3]. - In the previous year, the net profit attributable to shareholders was a loss of 401.28 million yuan, and the net profit after deducting non-recurring gains and losses was a loss of 396.84 million yuan[6]. Sales and Pricing - The company sold 2.2715 million pigs during the reporting period, a 49.40% increase compared to the previous year[7]. - The average selling price of commercial pigs increased by 12.83% to 16.27 yuan per kilogram from 14.42 yuan per kilogram in the previous year[7]. Profitability Factors - The improvement in profitability is attributed to increased sales volume and prices in the pig farming business, as well as a significant decrease in breeding costs due to lower raw material prices and enhanced management efficiency[7]. Forecast and Investment Advisory - The performance forecast has not been audited, and there are no significant uncertainties affecting the accuracy of the forecast[8]. - Investors are advised to make prudent decisions and be aware of investment risks[8]. - The forecast data is preliminary and the final financial data will be disclosed in the official 2024 annual report[9].