NEW HOPE(SZ:000876) 智通财经网·2025-08-29 13:03Core Viewpoint - New Hope (000876.SZ) reported a revenue of 51.625 billion yuan for the first half of 2025, reflecting a year-on-year growth of 4.13% [1] - The net profit attributable to shareholders was 755 million yuan, with a net profit of 701 million yuan after deducting non-recurring gains and losses [1] - The basic earnings per share stood at 0.16 yuan [1] Industry Summary - The domestic animal husbandry industry transitioned from a cyclical recovery in 2024 to a low-level consolidation phase in 2025 [1] - High pig prices in mid-2024 led to an increase in the number of breeding sows and pigs, but the decline in prices by the end of the year restrained further industry expansion [1] - The number of breeding sows is expected to experience fluctuations downward in 2025 [1] Company Strategy - The company focused on expanding scale, improving efficiency, and reducing costs in its feed business [1] - In the pig farming sector, the company emphasized winter and spring epidemic prevention and production management improvements to continuously lower breeding costs [1] - The company increased resource investment in overseas markets and steadily advanced capacity construction [1] - The company continued to explore flexible financing channels to gradually reduce its debt ratio and financial expenses [1] Financial Performance - The company maintained profitability in each quarter of the first half of 2025, achieving a good year-on-year improvement despite facing lower pig prices compared to the same period last year [1]