SHUNXIN AGRICULTURE issued a profit warning, with a net profit of 190 million to 260 million yuan for the year 2024, turning a profit compared to the same period last year
I'm LongbridgeAI, I can summarize articles.SHUNXIN AGRICULTURE released its performance forecast for 2024, expecting a net profit of between 190 million yuan and 260 million yuan, turning a profit compared to the previous year. The improvement in performance is mainly attributed to stable sales revenue and profits from the liquor business, reduced losses in the pork business, and the exclusion of Beijing Shunxin Jiayu Real Estate Development Co., Ltd. from the consolidated financial statements
According to the Zhitong Finance APP, SHUNXIN AGRICULTURE (000860.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of the listed company to be between 190 million yuan and 260 million yuan, turning from a loss to a profit year-on-year.
During the reporting period, the company's performance achieved a turnaround from loss to profit. The main reasons are: first, the sales revenue and profit of the company's liquor business remained stable, contributing significantly to the company's performance; second, the company's pork business achieved a substantial reduction in losses compared to the same period last year; third, during this reporting period, Beijing Shunxin Jiayu Real Estate Development Co., Ltd. is no longer included in the company's consolidated financial statements. The above matters had a significant positive impact on this period's profit and loss