Guangdong Yuehai Feeds forecasts significant turnaround in half-year performance

Guangdong Yuehai Feeds Group expects net profit of RMB 3.0 million to RMB 4.3 million for the first half of 2025, compared to a loss of RMB 47.9774 million in the same period last year.

The turnaround is attributed to 11.4% sales volume growth from successful marketing campaigns and new customer acquisition. Enhanced accounts receivable management and stricter credit controls are expected to significantly reduce bad debt impairment losses.