MINHE(SZ:002234)2026-01-30 09:55Financial Projections - The estimated net profit for the period from January 1, 2025, to December 31, 2025, is projected to be a loss of between 24,000 and 29,000 million yuan, compared to a loss of 24,912.70 million yuan in the same period last year [3]. - The estimated net profit after deducting non-recurring gains and losses is projected to be a loss of between 25,800 and 30,800 million yuan, compared to a loss of 26,339.65 million yuan in the same period last year [3]. - The basic earnings per share is expected to be a loss of between 0.69 and 0.83 yuan per share, compared to a loss of 0.71 yuan per share in the same period last year [3]. Operational Challenges - The primary reason for the expected loss is the imbalance in supply and demand in the broiler chicken industry, with slow capacity reduction and low market prices for chicken products due to intensified competition and insufficient downstream purchasing power [5]. - The company’s main products, including broiler chicks and chicken products, are facing price pressure and low profitability, leading to operational losses [5]. Financial Reporting - The financial data presented is preliminary and has not been audited by the accounting firm, with no significant discrepancies reported between the company and the accounting firm regarding the earnings forecast [4]. - Investors are advised to make cautious decisions and be aware of investment risks due to the preliminary nature of the earnings forecast [6].