SMAC(SH:600073) Bei Jing Shang Bao·2026-01-20 12:25Core Viewpoint - The company, Guangming Meat Industry, anticipates a significant loss in net profit for the fiscal year 2025, projecting a range between -116 million to -171 million yuan compared to the previous year, indicating a downturn in financial performance due to unfavorable market conditions [1] Financial Performance - For the fiscal year 2025, the company expects to report a net profit attributable to shareholders of -116 million to -171 million yuan, marking a shift to losses compared to the same period last year [1] - The decline in profitability is attributed to a substantial drop in pig prices in the domestic market, which has adversely affected the company's pig farming segment [1] Operational Insights - The company is implementing cost-reduction and efficiency-enhancement measures in its pig farming operations for 2025, aiming to optimize core breeding indicators and reduce breeding costs year-on-year [1] - Despite the efforts to lower costs, the significant decrease in pig sales prices has led to considerable losses in the pig farming segment [1]