Sunner Development expects an increase, with net profit attributable to the parent company in the first half of the year estimated at 850 million to 950 million yuan, a year-on-year growth of 732.89%—830.88%

According to the Zhitong Finance APP, Sunner (002299.SZ) released its performance forecast for the first half of 2025, expecting a net profit attributable to shareholders of 850 million to 950 million yuan, a year-on-year increase of 732.89%—830.88%.

The main reasons for the significant growth in performance are as follows:

The company is firmly advancing its omnichannel strategy, leveraging excellent product strength and quality service to expand market share against the trend. Among them, the C-end retail channel continues to grow rapidly, while the export and catering channels also achieve steady growth, with the proportion of high-value channels steadily increasing. The company's revenue structure continues to optimize, providing stronger support for overall profit growth.

The company's cost advantages have further consolidated. The company's lean management continues to deepen, coupled with the increased contribution from the new generation of self-developed breeding chickens "Shengze 901 Plus," resulting in a significant decrease in comprehensive meat production costs compared to the same period last year, effectively buffering the downward pressure on market prices and solidifying the profit foundation.

In addition to the steady contribution from core businesses, the listed company completed the controlling merger with Sun Valley. The difference between the book value of the long-term equity investment in Sun Valley, which was previously accounted for using the equity method, and the fair value on the merger date (initially estimated at approximately 540 million to 550 million yuan) is recognized as investment income at the consolidated financial statement level. This non-recurring income has a significant positive impact on the net profit attributable to shareholders during the reporting period. Through prior industrial empowerment and the introduction of lean management, Sun Valley's operational efficiency has been significantly improved. After this merger, the company will fully leverage the synergistic advantages of self-controlled breeding sources and the layout of the entire industry chain, accelerating the deep integration and technological and management empowerment of Sun Valley, further tapping into its profit potential and injecting new momentum for the continuous growth of the listed company's future performance