Core Viewpoint - Dachen Foods (3999.HK) reported a revenue of approximately 4.495 billion yuan for the first three quarters of 2025, reflecting a year-on-year increase of 4.1%. However, the company experienced a shareholder loss of approximately 14.68 million yuan, a significant decline from a net profit of 36.91 million yuan in the same period last year, primarily due to a substantial drop in chicken prices caused by supply and demand imbalances, leading to significant losses in its slaughtering business [1]. Financial Performance - Revenue for the first three quarters of 2025 was approximately 4.495 billion yuan, representing a year-on-year growth of 4.1% [1]. - The company reported a shareholder loss of approximately 14.68 million yuan, compared to a net profit of 36.91 million yuan in the same period last year, indicating a shift from profit to loss [1]. Market Conditions - The decline in profitability is attributed to a significant drop in chicken prices, which reached near five-year lows due to supply and demand imbalances [1]. - The adverse market conditions have resulted in considerable losses in the company's slaughtering operations [1].