TAM(SH:603789) news flash·2025-07-14 09:34Core Viewpoint - *ST Xingnong (603789) expects a net profit attributable to the parent company for the first half of 2025 to be between -85 million and -50 million yuan, indicating ongoing financial challenges due to industry conditions and internal factors [1] Financial Performance - The company anticipates a net profit attributable to the parent company, excluding non-recurring gains and losses, to be between -90 million and -55 million yuan for the same period [1] - Despite a year-on-year increase in operating revenue due to enhanced marketing efforts and business expansion, the company still faces losses in the first half of the year [1] Industry Conditions - The overall industry demand remains sluggish, with grain prices continuing to decline, leading to insufficient market activity [1] - The combination of low capacity utilization, reduced product gross margins, provisions for bad debts on accounts receivable, and high fixed costs has significantly impacted the company's financial performance [1]