益生股份：预计2025年净利润同比下降62.29%~70.23%

Core Viewpoint - Yisheng Co., Ltd. (002458) expects a net profit of 150 million to 190 million yuan for the year 2025, representing a year-on-year decline of 62.29% to 70.23% [1] Group 1: Sales Performance - The sales volume of commodity broiler chicks increased by over 10% year-on-year during the reporting period [1] - Despite the increase in sales volume, the average selling price of commodity broiler chicks significantly declined due to low prices of chicken and live chickens, leading to a temporary loss in this business segment [1] Group 2: Market Conditions - Starting from the second half of the year, the market supply and demand relationship gradually improved, resulting in a quarterly price rebound for commodity broiler chicks, particularly a substantial increase in prices in the fourth quarter [1] - However, the annual average selling price remained lower than the same period last year [1] Group 3: Profitability Analysis - Although the parent stock of broiler chicks performed well in profitability, the decline in selling prices year-on-year caused a significant drop in the overall performance of the broiler chicken segment for the year [1]