Core Viewpoint - China Starch (03838) experienced a decline of over 5%, with a current price of HKD 0.175 and a trading volume of HKD 2.4476 million [1] Financial Performance - For the fiscal year ending December 31, 2025, the company expects total revenue of approximately RMB 10.058 billion, while the revenue for 2024 is projected to be RMB 11.415 billion [1] - The company anticipates a significant decrease of about 64% in pre-tax profit for the current year, compared to a pre-tax profit of RMB 838 million for the fiscal year ending December 31, 2024 [1] Factors Affecting Performance - The expected decline in revenue and pre-tax profit is primarily attributed to the rising costs of corn kernels, which negatively impact profit margins [1] - The sharp decline in lysine market prices in the second half of last year has adversely affected profitability [1] - The anticipated traditional peak season for starch sugar did not materialize as expected, further impacting financial performance [1]
港股异动 中国淀粉(03838)跌超5% 预计2025年除税前利润减少约64%