Huaying Agricultural(SZ:002321) Zhong Zheng Wang·2025-04-21 05:15Core Viewpoint - Huaying Agriculture reported a significant turnaround in its financial performance for 2024, achieving a revenue of 4.731 billion yuan, a year-on-year increase of 27.68%, and returning to profitability with a net profit of 32.36 million yuan [1] Group 1: Financial Performance - In 2024, the company achieved a revenue of 4.731 billion yuan, marking a 27.68% year-on-year growth [1] - The net profit attributable to shareholders was 32.36 million yuan, indicating a return to profitability [1] - The non-recurring net profit was 10.82 million yuan, also showing a turnaround from previous losses [1] Group 2: Business Segments - In the food sector, Huaying Agriculture developed a full industry chain from farm to table, becoming a global supplier of high-quality duck meat, with fresh frozen product sales reaching 90,100 tons and revenue of 875 million yuan, a 5.24% increase [1] - The cooked food segment, including prepared dishes, generated revenue of 584 million yuan, a decrease of 2.87%, with cooked food exports of 12,700 tons contributing 381 million yuan, a 2.01% increase [1] - In the down industry, the company established a full industry chain from source to consumer, achieving sales of 7,819.49 tons and revenue of 3.18 billion yuan, a remarkable increase of 45.42% [1] Group 3: Future Strategy - In 2025, the company plans to implement the "Double King" development strategy, focusing on innovation and reform to enhance the food and down industries [2] - The company aims to upgrade its industrial chain and improve production efficiency and market competitiveness [2] - The focus will be on high-quality development and creating sustainable value for shareholders through systematic reform measures [2]