CCGB announced a preliminary increase, expecting a net profit attributable to the parent company of 90 million to 120 million yuan in the first quarter, an increase of 133.21% to 210.95%
I'm LongbridgeAI, I can summarize articles.CCGB expects the net profit attributable to the parent company in the first quarter of 2025 to be between 90 million yuan and 120 million yuan, an increase of 133.21% to 210.95% year-on-year. The impact of non-recurring gains and losses is approximately 15 million yuan. The company's plant extraction business performed strongly, and cottonseed products turned from loss to profit, resulting in an overall year-on-year performance increase
According to the Zhitong Finance APP, CCGB (300138.SZ) disclosed its performance forecast for the first quarter of 2025, expecting a net profit attributable to shareholders of the listed company to be between 90 million and 120 million yuan, an increase of 133.21% to 210.95% year-on-year, with the impact of non-recurring gains and losses amounting to approximately 15 million yuan.
During the reporting period, the company's plant extraction business continued to make strides, serving as the "cornerstone" of the company's performance; related products from cottonseed saw a gradual recovery in line with the market trends of bulk commodities such as soybean oil and soybean meal, resulting in a turnaround from loss to profit compared to the same period last year; the company's overall performance increased year-on-year