海大集团: 2025年半年度业绩预告

Core Viewpoint - The company expects a significant increase in net profit for the first half of 2025, driven by strong sales growth in its feed business and improved operational efficiency [1][2]. Financial Performance Summary - The estimated net profit for the first half of 2025 is projected to be between 250 million and 280 million yuan, representing a year-on-year growth of 17.64% to 31.76% [1][2]. - The estimated net profit after deducting non-recurring gains is expected to be between 251 million and 281 million yuan, with a year-on-year growth of 23.48% to 38.23% [1][2]. - The basic earnings per share are projected to be between 1.50 yuan and 1.68 yuan, compared to 1.28 yuan in the same period last year [1][2]. Operational Highlights - The company achieved a feed sales volume of approximately 13.65 million tons in the first half of 2025, an increase of 2.84 million tons, or about 26% year-on-year [2]. - Sales in overseas markets grew by approximately 40% year-on-year, indicating strong international demand [2]. - The company has improved domestic feed production capacity utilization and market share, enhancing its competitive advantage through operational efficiency and cost savings [2]. Business Segment Performance - The company's pig farming business remains profitable under a light-asset and risk-controlled model [2]. - However, the poultry slaughtering segment recorded losses due to low poultry prices in the first half of the year [2].