Core Viewpoint - New Five Feng reported a turnaround in profitability for the first half of 2025, achieving a revenue of 3.688 billion yuan, a year-on-year increase of 14.08%, and a net profit attributable to shareholders of 45.2344 million yuan, marking a return to profitability [1] Group 1: Revenue and Profitability - The company’s revenue for the first half of 2025 reached 3.688 billion yuan, reflecting a 14.08% increase compared to the same period last year [1] - The net profit attributable to shareholders was 45.2344 million yuan, indicating a successful turnaround from previous losses [1] Group 2: Production and Growth - New Five Feng's pig output reached 2.4333 million heads in the first half of 2025, a 23.44% increase from 1.97 million heads in the same period last year, continuing a trend of growth [2] - The company’s pig output from 2022 to 2024 showed significant growth, with figures of 1.83 million heads, 3.2 million heads, and 4.2487 million heads, representing year-on-year increases of 122.32%, 75%, and 32.74% respectively [2] Group 3: Business Model and Strategy - The growth in output is attributed to a "light asset expansion" strategy, which includes leasing pig farms for self-breeding and deepening the "company + farmer" model, enhancing survival rates and cost control [2] - The company is actively promoting farmer cooperation and has seen a significant increase in the scale of its "company + farmer" model, with a current stock of 690,000 heads [3] - The "company + farmer" model accounted for over 30% of total pig output in the first half of 2025, a year-on-year increase of 225%, becoming a key driver of capacity and efficiency growth [3] Group 4: Future Outlook - New Five Feng aims to continue optimizing its operational strategy, focusing on improving performance and reducing costs to enhance core competitiveness and profitability for better future returns [3]
新五丰2025上半年盈利超4500万元