MINHE: Expected net profit loss of 200 million to 230 million yuan in the first half of 2025

MINHE announced that it expects a net loss attributable to shareholders of the listed company of 200 million to 230 million yuan from January 1, 2025, to June 30, 2025. The net loss after deducting non-recurring gains and losses is expected to be 207 million to 237 million yuan, with a basic earnings per share loss of 0.57 yuan to 0.66 yuan. The company's main products, including broiler chicks and chicken products, have lower sales prices, leading to increased losses, and at the end of the period, asset impairment provisions were made for related assets such as parent breeding chickens and hatching eggs that showed signs of impairment