Muyuan Foods forecasts massive profit surge for first half
Muyuan Foods (SZSE:002714) anticipates a substantial increase in net profit for the first half of 2025. The company projects net profits ranging from CNY10.5 billion to CNY11.0 billion, representing a year-over-year increase between 924.60% and 973.39% compared to the CNY1.025 billion reported in the same period last year. Net profit attributable to shareholders is estimated between CNY10.2 billion and CNY10.7 billion, marking an increase of 1,129.97% to 1,190.26%. Basic earnings per share are forecasted at CNY1.90 to CNY2.00. The company attributes this impressive performance to a significant rise in pig sales volume and a decrease in pig breeding costs compared to the previous year. Muyuan Foods cautions investors that fluctuations in pig market prices and the potential for animal epidemics could impact future performance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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