Muyuan Foods (SZ:002714)2025-04-08 09:45Financial Performance Expectations - The company expects a net profit of between 4.5 billion and 5 billion CNY for Q1 2025, a significant increase of 283.02% to 303.35% compared to a loss of 2.459 billion CNY in the same period last year [4]. - The net profit attributable to shareholders is projected to be between 4.3 billion and 4.8 billion CNY, reflecting a growth of 280.75% to 301.77% from a loss of 2.379 billion CNY year-on-year [4]. - The company anticipates a basic earnings per share of 0.80 to 0.90 CNY, compared to a loss of 0.44 CNY per share in the previous year [4]. Factors Influencing Performance - The improvement in performance is primarily due to an increase in the number of pigs sold and the average selling price of pigs, along with a decrease in breeding costs compared to the previous year [6]. Risks and Challenges - The company warns of significant risks related to fluctuations in pig market prices, which could adversely affect operational performance [7]. - The company also highlights the risk of animal diseases, which pose a major threat to the livestock industry and could impact financial results [8]. Reporting and Disclosure - The financial data presented is preliminary and subject to final confirmation in the official Q1 2025 report [9]. - The company emphasizes its commitment to timely and accurate information disclosure in accordance with legal regulations [9]. - The earnings forecast has not been audited by registered accountants [5]. - The reporting period for the earnings forecast is from January 1, 2025, to March 31, 2025 [4].