LESHAN GIANTSTAR FARMING&HUSBANDRY expects a profit, with a projected net profit attributable to the parent company of 165 million to 195 million yuan for the first half of the year
I'm LongbridgeAI, I can summarize articles.LESHAN GIANTSTAR FARMING&HUSBANDRY expects a net profit attributable to the parent company of 165 million to 195 million yuan in the first half of 2025, achieving a turnaround from loss to profit. During the reporting period, the company's market hog sales volume increased year-on-year, and the pig farming business continued to reduce costs and increase efficiency, resulting in a year-on-year profit growth. The farming business is expected to achieve a net profit attributable to the parent company of 200 million to 240 million yuan
According to the announcement from Giantstar Farming (603477.SH), the finance department has preliminarily estimated that the net profit attributable to the parent company's owners for the first half of 2025 is expected to be between 165 million yuan and 195 million yuan, marking a turnaround from losses compared to the same period last year.
During the reporting period, the company's market hog output increased year-on-year, and the pig farming business continued to reduce costs and increase efficiency, resulting in a year-on-year profit growth in the pig farming business. The company's farming business is expected to achieve a net profit attributable to the parent company's owners of 200 million to 240 million yuan, leading to a turnaround from losses in the company's operating performance