原生态牧业(01431.HK):预计2019年度业绩实现扭亏为盈

Core Viewpoint - The company, Original Ecology Livestock (01431.HK), anticipates a net profit for the year ending December 31, 2019, contrasting with a net loss of approximately RMB 556.31 million in 2018 [1] Group 1: Financial Performance - The expected profit is primarily attributed to an increase in local raw milk prices and sales volume, leading to a higher gross profit compared to the previous year [1] - The loss from the fair value change of biological assets, net of cost of sales, has decreased compared to 2018 due to the rise in local raw milk prices [1] - Administrative expenses incurred during the year have decreased compared to 2018, including a reduction in equity-settled share option expenses [1] Group 2: Impairment and Provisions - The impairment losses and accrued expenses related to the relocation of the Baichuan Ruixin Cheng Ranch have decreased compared to 2018 [1]