大北农(002385) - 2025 Q2 - 季度业绩预告

2025 Semi-Annual Performance Forecast Beijing Dabeinong Technology Group Co., Ltd. provides its preliminary performance forecast for the first half of 2025 Performance Forecast Overview The company anticipates a significant turnaround to profitability in the first half of 2025, with net profit attributable to shareholders projected between CNY 190 million and CNY 250 million, compared to a loss of CNY 155.9036 million in the prior year, and non-recurring net profit also turning profitable, estimated at CNY 140 million to CNY 180 million 2025 First-Half Performance Forecast Key Indicators | Item | Current Reporting Period (2025.1.1 - 2025.6.30) | Prior Year Same Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | Profit: CNY 190 million – CNY 250 million | Loss: CNY 155.9036 million | | Net Profit After Non-Recurring Items | Profit: CNY 140 million – CNY 180 million | Loss: CNY 208.0807 million | | Basic Earnings Per Share | Profit: CNY 0.04/share – CNY 0.06/share | Loss: CNY 0.04/share | Explanation of Performance Changes The turnaround to profitability is primarily attributed to the strong performance of the company's core business segments, including significant sales growth in the seed business, steady growth and reduced expenses in the feed business, and successful profitability in the hog farming business due to increased output, optimized costs, and stable market conditions - The company's 2025 first-half performance turnaround to profitability was primarily driven by the combined positive impact of the seed, feed, and hog farming business segments[5] Seed Business During the reporting period, the seed business achieved significant year-over-year growth in sales volume, revenue, and profit, with rice seed sales increasing by over 100% and corn seed sales by over 300%, becoming a key driver of performance growth - Rice seed sales volume increased by over 100% year-over-year[4] - Corn seed sales volume increased by over 300% year-over-year[4] - Overall revenue and profit from the seed business showed significant growth compared to the prior year[4] Feed Business The feed business achieved year-over-year sales growth during the reporting period, while the company successfully reduced period expenses through strengthened operational management and improved efficiency, contributing to profit improvement - Feed product sales volume increased compared to the prior year[4] - Period expenses showed a year-over-year decline due to strengthened management and improved efficiency[4] Hog Farming Business The hog farming business achieved profitability in the first half, primarily benefiting from a substantial increase in hog output, continuous decline in farming costs, and stable hog market prices, with hog output from controlled and associate companies increasing by 34.64% year-over-year to 3.8347 million heads Hog Farming Business Key Indicators (H1 2025) | Indicator | Data | Year-over-Year Change | | :--- | :--- | :--- | | Hog Output (Controlled & Associate Companies) | 3.8347 million heads | +34.64% | - The company continuously reduced hog farming costs by improving production indicators and optimizing breeding stock[4][5] - Stable hog market prices during the reporting period, combined with declining costs and increased sales volume, collectively drove the hog farming business to profitability[5] Communication with Accounting Firm The company explicitly states that all financial data in this performance forecast are preliminary estimates by the company's finance department and have not yet been audited by an accounting firm - The financial data related to this performance forecast are preliminary estimates by the company's finance department and have not been audited by an accounting firm[3] Risk Warning The company advises investors that the data in this performance forecast are preliminary and unaudited estimates, and the final accurate financial data will be disclosed in the company's officially released 2025 semi-annual report, reminding investors to be aware of investment risks - Final financial data will be subject to the company's 2025 semi-annual report, as current data are preliminary estimates[6] - The company will strictly adhere to regulatory requirements for information disclosure and urges investors to be mindful of investment risks[6]