Core Points - China Shengmu (01432) reported a loss attributable to shareholders of 65.495 million yuan for 2024, a shift from profit to loss year-on-year [1] - The company's operating revenue was approximately 3.374 billion yuan, a decrease of 4.1% compared to the previous year [1] - Sales revenue fell to 3.126 billion yuan, down 7.6% year-on-year [1] Financial Performance - The average selling price of raw milk decreased by 6.1% to 4,467 yuan per ton, compared to 4,756 yuan per ton in 2023 [1] - Total raw milk production increased by 1.6% despite a decline in the number of lactating cows [1] - The total volume of raw milk sold was 700,000 tons, a slight decrease of 1.6% from 711,000 tons in 2023 [1] Operational Strategies - The company implemented flexible operational strategies, focusing on refined feeding systems for calves and converting raw milk into whole milk powder [1] - Cost reduction and efficiency improvement measures led to a 5.2% decrease in the cost of milk sales per kilogram [2] - The average milk yield per lactating cow increased by 5.9%, surpassing the historical threshold of 12 tons [2] Market Conditions - The dairy product market faced an oversupply situation, leading to a continuous decline in raw milk prices [1] - The company aims to uphold public health by committing to high-quality organic food, being the first dairy farming enterprise in China to obtain ISO22000 food safety management system certification [2]
中国圣牧(01432)公布2024年业绩 母公司拥有人应占亏损6549.5万元 同比盈转亏