YST DAIRY (01431) issues a profit warning, expecting net profit in the first half to grow to approximately 220 million to 270 million yuan compared to the same period last year.
Yuan Ecological Livestock (01431) announced that it expects the group to achieve a net profit of approximately RMB 220 million to RMB 270 million for the six months ending June 30, 2026, compared to a net profit of approximately RMB 118.9 million for the six months ending June 30, 2025.
YST DAIRY (01431) announced that it expects the group to achieve a net profit ranging from approximately RMB 220 million to RMB 270 million for the six months ending June 30, 2026, compared to a net profit of about RMB 118.9 million for the six months ending June 30, 2025.
The board of directors reached this conclusion after considering the following key factors: (i) the gross profit increased compared to the corresponding period, mainly due to an increase in raw milk sales; and the company entered a new business sector of beef cattle sales, achieving estimated revenue of approximately RMB 40.6 million during this period; (ii) the loss from changes in fair value of biological assets less selling costs during this period decreased compared to the corresponding period.
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