CCGB expects a profit increase, with the estimated net profit attributable to the parent company for the first half of the year to be between 202 million and 232 million yuan, a year-on-year increase of 102.33% to 132.38%
I'm LongbridgeAI, I can summarize articles.CCGB expects its net profit attributable to shareholders in the first half of 2025 to be between 202 million yuan and 232 million yuan, a year-on-year increase of 102.33% to 132.38%. The net profit after deducting non-recurring gains and losses is expected to be between 174 million yuan and 204 million yuan, a year-on-year increase of 117.40% to 154.88%. This is mainly benefited from the recovery of the cottonseed business and the growth of gross profit in the plant extraction business
According to the Zhitong Finance APP, CCGB (300138.SZ) disclosed its performance forecast for the first half of 2025. The company expects a net profit attributable to shareholders of the listed company to be between 202 million yuan and 232 million yuan, a year-on-year increase of 102.33% to 132.38%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between 174 million yuan and 204 million yuan, a year-on-year increase of 117.40% to 154.88%.
In the first half of 2025, the market for cottonseed-related businesses has warmed up, achieving a turnaround from loss to profit year-on-year, which is the main factor affecting the company's performance changes; the gross profits from plant extraction businesses such as chili red, chili essence, and steviol glycosides have all increased year-on-year; thus, the company's overall performance has risen compared to the same period last year