巨星农牧(603477) - 2025 Q2 - 季度业绩预告

Leshan Juxing Agriculture & Animal Husbandry Co., Ltd. 2025 Semi-Annual Performance Forecast Leshan Juxing Agriculture & Animal Husbandry Co., Ltd. anticipates a significant turnaround in its 2025 semi-annual performance, projecting a net profit of RMB 165 million to RMB 195 million, primarily driven by increased hog sales and cost efficiency in its breeding operations Current Period Performance Forecast The company anticipates a turnaround to profitability in the first half of 2025, with net profit attributable to shareholders projected between RMB 165 million and RMB 195 million, based on preliminary, unaudited estimates 2025 Semi-Annual Performance Forecast | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | RMB 165 million to RMB 195 million | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Gains/Losses) | RMB 164 million to RMB 194 million | - The performance forecast period is from January 1, 2025, to June 30, 2025[5] - This performance forecast represents the company's preliminary estimate and has not been audited by a certified public accountant[5] Review of Prior Period Operating Performance In stark contrast to the 2025 first-half profit forecast, the company recorded a net loss in the same period of 2024, with net profit attributable to parent company shareholders at RMB -44.84 million 2024 Semi-Annual Performance (Prior Period) | Indicator | Amount (RMB) | | :--- | :--- | | Total Profit | RMB -37.90 million | | Net Profit Attributable to Parent Company Shareholders | RMB -44.84 million | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Gains/Losses) | RMB -18.31 million | | Earnings Per Share | RMB -0.09 | Primary Reasons for Anticipated Profitability The anticipated turnaround to profitability is primarily driven by a year-over-year increase in commercial hog sales and continuous cost reduction and efficiency improvements in the hog breeding business, with the breeding segment alone expected to contribute RMB 200 million to RMB 240 million in net profit attributable to the parent company - During the reporting period, the company's commercial hog sales volume achieved a year-over-year increase[8] - The company's hog breeding business continuously advanced cost reduction and efficiency improvements, leading to a year-over-year increase in business profit[8] - The company's breeding business alone is expected to achieve net profit attributable to parent company shareholders of RMB 200 million to RMB 240 million[8] Risk Warning The company advises investors to be aware of two inherent systemic risks in the hog breeding industry: significant fluctuations in market prices and outbreaks of animal diseases, which are uncontrollable external factors that could materially impact operating performance - The hog breeding industry faces two systemic risks: significant fluctuations in hog market prices (downward or upward) and animal epidemics[9] - These risks are objectively existing and uncontrollable external factors that could significantly impact the company's operating performance[9] Other Explanatory Notes The company emphasizes that the performance forecast data provided is preliminary, and the final accurate financial figures will be subject to the officially disclosed 2025 semi-annual report - The forecast data above is based on preliminary calculations only, and the final accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report[10]