南侨食品(605339) - 2025 Q2 - 季度业绩预告

Current Period Performance Forecast The company anticipates a significant decline in net profit attributable to shareholders and net profit after non-recurring items for the first half of 2025, with a year-on-year decrease projected between 69% and 75% 2025 H1 Performance Forecast | Metric | 2025 H1 Estimated (CNY) | YoY Change | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | CNY 32.36 million to CNY 38.84 million | ↓ 69.76% to 74.80% | | Net Profit After Non-Recurring Items | CNY 30.29 million to CNY 36.35 million | ↓ 69.98% to 74.99% | - The financial data in this performance forecast has not been audited by a certified public accountant[3] Prior Period Performance Review This section reviews key financial data for the first half of 2024, including a net profit attributable to shareholders of CNY 128.44 million and earnings per share of CNY 0.30, providing a benchmark for the current forecast's significant decline 2024 H1 Operating Performance | Metric | 2024 H1 Data (CNY) | | :--- | :--- | | Total Profit | CNY 155.86 million | | Net Profit Attributable to Shareholders | CNY 128.44 million | | Net Profit After Non-Recurring Items | CNY 121.09 million | | Earnings Per Share | CNY 0.30 | Analysis of Performance Decline The significant performance decline is primarily due to dual pressures from high raw material costs, particularly palm and coconut oil, and insufficient product price increases to offset these costs amidst a challenging macroeconomic and competitive environment - Significant pressure from key raw material costs: palm oil prices remain high year-on-year despite some decline, coconut oil prices reached a historical high, and prices for imported natural butter and dairy products also increased significantly year-on-year[6] - Profit margins are squeezed: Product price increases are lower than raw material cost increases due to the macroeconomic environment and industry competition, with pricing adjustments also experiencing a time lag, leading to overall pressure on the company's profitability[6] - Company's response strategy: The company plans to optimize costs by adjusting procurement rhythms, enhancing production automation, and strengthening supply chain management to mitigate raw material price fluctuations[6] Risk Warning and Other Disclosures The company emphasizes that the performance forecast data is a preliminary, unaudited estimate by the finance department and may differ from the final audited financial results, advising investors to refer to the official semi-annual report - This performance forecast represents preliminary estimates by the company's accounting department and has not been audited by an accounting firm, thus containing uncertainties[7] - The final accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report, cautioning investors about investment risks[8]