DBN Group(SZ:002385)2025-10-26 08:08Group 1: Overall Financial Performance - In the first three quarters of 2025, the company's total revenue reached 20.744 billion CNY, a year-on-year increase of 3% [3] - The net profit attributable to shareholders was 2.57 billion CNY, reflecting a significant year-on-year growth of 92.56% [3] - In Q3 2025, the company achieved a revenue of approximately 7.184 billion CNY, marking a year-on-year increase of 1.94% [3] Group 2: Revenue Breakdown by Business Segment - Feed products generated revenue of 13.423 billion CNY, a decline of 4.67%, accounting for 64.71% of total revenue [3] - The pig farming segment reported revenue of 4.903 billion CNY, a year-on-year increase of 49.03% [3] - Seed products achieved revenue of 513 million CNY, showing a remarkable growth of 81.07% [3] Group 3: Profitability Analysis - The feed segment contributed a profit of approximately 400 million CNY, while the pig farming segment also reported a profit of around 200 million CNY [3] - The seed segment incurred a loss of approximately 15 million CNY [3] - Total losses from other businesses and public expenses amounted to about 480 million CNY [3] Group 4: Cost Management - Selling expenses decreased by 3.58% to 817 million CNY, while management expenses fell by 5.66% to 1.019 billion CNY [3] - Financial expenses were reduced by 9.51% to 359 million CNY [3] Group 5: Business Segment Performance - In the feed business, external sales volume reached 4.0162 million tons, a year-on-year increase of 2.9% [4] - The pig farming segment saw an output of 3.1608 million pigs, generating revenue of 4.903 billion CNY [5] - The seed segment sold 20.44 million kilograms of crops, a significant increase of 151% year-on-year, with sales revenue exceeding 500 million CNY [5] Group 6: Seed Business Developments - The company ranked third among the top 20 enterprises in national seed sales, leading in the private seed industry [6] - The company has developed six nationally approved high-yield soybean varieties, contributing to domestic self-sufficiency [7] - The company holds a leading position in the domestic market for genetically modified traits, with 59% of approved corn varieties utilizing its traits [8]