Panda Dairy: It is expected that the net profit for 2025 will be between 97 million and 112 million yuan, an increase of 5.36% to 9.27% year-on-year.

Panda Dairy announced that the estimated net profit for the year 2025 is expected to be between 97 million and 112 million yuan, an increase of 5.36% to 9.27% compared to the previous year. After deducting non-recurring gains and losses, the net profit is expected to be between 64 million and 79 million yuan, a decrease of 12.71% to 29.28% compared to the previous year. In 2025, the overall performance of the company is stable, and the growth of subsidiary businesses and good control of raw material costs ensure the company's profit contribution. Non-recurring gains and losses are expected to impact the net profit attributable to the shareholders of the listed company by 33 million yuan, mainly due to investment income, government subsidies, and gains or losses from changes in the fair value of trading financial assets.