---
title: "SDDSC issued a profit warning, with a net profit for the 2024 fiscal year expected to be between 56.32 million yuan and 84.48 million yuan, a decrease of 66.97% to 77.98%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225994929.md"
description: "SDDSC released its performance forecast for 2024, expecting a net profit attributable to shareholders of between 56.32 million yuan and 84.48 million yuan, a year-on-year decline of 66.97% to 77.98%. The decline in performance is mainly due to the changes in the corn seed market and the inventory situation, with an estimated provision for inventory impairment of 90 million to 120 million yuan, resulting in a net loss after deducting non-recurring gains and losses"
datetime: "2025-01-23T12:19:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225994929.md)
  - [en](https://longbridge.com/en/news/225994929.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225994929.md)
generator: "portal-rs"
---

# SDDSC issued a profit warning, with a net profit for the 2024 fiscal year expected to be between 56.32 million yuan and 84.48 million yuan, a decrease of 66.97% to 77.98%

According to the Zhitong Finance APP, SDDSC (002041.SZ) released its performance forecast for 2024, expecting a net profit attributable to shareholders of 56.32 million to 84.48 million yuan for the year, a year-on-year decrease of 66.97% to 77.98%.

The main reason for the decline in performance: During the reporting period, based on changes in the corn seed market and inventory conditions, it is estimated that a provision for inventory impairment of 90 million to 120 million yuan will be made, resulting in a net loss after deducting non-recurring gains and losses

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**