Core Viewpoint - Modern Dairy (01117) reported a revenue of 6.073 billion yuan for the six months ending June 30, 2025, with a loss of 984 million yuan, resulting in a loss per share of 0.1167 yuan [1] Group 1: Financial Performance - The company achieved a net cash inflow from operating activities of 490 million yuan, an increase of 23.3% compared to the same period in 2024, enhancing its core competitiveness and resilience against industry cycles [1] - The total loss for the period was 984 million yuan, indicating challenges in profitability despite revenue growth [1] Group 2: Business Strategy and Operations - The company aims to become a global leader in the dairy industry through a vision of "layout of the industrial chain, digital innovation," focusing on raw milk production as its core business [1] - The business model encompasses a full value chain in the dairy industry, including seed research and development, pasture planting, feed, dairy cattle breeding, and a digital platform for the industry chain [1] Group 3: Livestock and Production Metrics - As of June 30, 2025, the company raised 472,500 dairy cows, a year-on-year increase of 6.2%, with the proportion of mature dairy cows at 54.1%, up 3.5 percentage points [1] - The average annualized yield per mature dairy cow reached 13.2 tons, a year-on-year increase of 1.5%, maintaining a leading position in the industry [1] - The total raw milk production for the period was 1.661 million tons, reflecting a year-on-year growth of 14.6% [1]
原料奶业务持续增长 现代牧业中期收入60.73亿元