Guangxi Rural Sugar(SZ:000911)2025-05-14 10:18Group 1: Weather Impact and Crop Area - The drought in early 2025 has temporarily affected the company's ability to assess its impact on sugarcane growth, but recent rains have alleviated the situation [2] - The company's sugarcane planting area for 2024 is approximately 779,000 acres, representing a year-on-year increase of 15% [2] Group 2: Profitability and Sugar Production - The company's gross profit margin for 2024 remains stable despite falling sugar prices, attributed to higher sugar content in sugarcane and a consistent decrease in production costs [2] - The expected sugar production for the 2024/2025 season is based on the same planting area of 779,000 acres, with slight growth anticipated for the 2025/2026 season, contingent on future weather conditions [2][3] Group 3: Pricing and Financial Management - The sugarcane purchase price for the 2024/2025 season is set at 510 CNY/ton for ordinary varieties and 530-540 CNY/ton for superior varieties, with the 2025/2026 prices yet to be determined [3] - The company has reduced its financing scale as part of cost-cutting measures, leading to a decrease in financial expenses, although the rate of reduction is expected to slow down [3]