中国圣牧(01432.HK)：预计年度净亏损3.5亿元至3.9亿元

Core Viewpoint - China Shengmu (01432.HK) expects to record a loss attributable to equity holders of the parent company ranging from RMB 350 million to RMB 390 million for the year ending December 31, 2025, with a projected loss of RMB 65.5 million for 2024 [1] Financial Performance - The company anticipates a loss attributable to equity holders of the parent company for 2024 to be RMB 65.5 million [1] - For the reporting period, the impairment provision for undeveloped grassland land use rights is estimated to be between RMB 300 million and RMB 330 million [1] - Excluding the impact of the impairment provision, the operating loss is expected to narrow by approximately RMB 5 million to RMB 25 million compared to the previous year [1]