MENGNIU DAIRY(02319) 智通财经网·2025-03-26 14:18Core Viewpoint - Mengniu Dairy (02319) reported a significant decline in net profit attributable to shareholders, down 97.83% year-on-year, reflecting challenges in the dairy industry due to supply-demand imbalances and lower consumer demand [1][2] Financial Performance - The company achieved revenue of RMB 886.75 billion, a decrease of 10.09% year-on-year [1] - Net profit attributable to shareholders was RMB 1.05 billion, a drop of 97.83% compared to the previous year [1] - Earnings per share were RMB 0.027, with a proposed final dividend of RMB 0.509 per ordinary share [1] - Operating profit reached RMB 72.567 billion, with an operating profit margin of 8.2%, up 1.9 percentage points year-on-year [1] Strategic Initiatives - The company is actively implementing its "One Body, Two Wings" strategy, focusing on R&D innovation, brand leadership, digital transformation, channel optimization, and new business development [1] - Mengniu Dairy is committed to enhancing shareholder returns, proposing a dividend payout ratio of 45% for 2024, amounting to a total cash dividend of RMB 19.942 billion [2] Sustainability Efforts - The company is advancing its "GREEN" strategy and "dual carbon" goals, promoting initiatives such as zero deforestation, green packaging transformation, circular economy, and water resource management [2] - Mengniu Dairy has established a sustainable development reporting system and released China's first TNFD report in the dairy industry, aiming to lead the industry towards a more environmentally friendly and sustainable future [2]