Zhitong Financial and Economic APP News, Tianyu Ecology (603717.SH) issued a half-year performance forecast for 2023, which is expected to achieve a net profit of-95 million yuan to-75 million yuan for shareholders of listed companies in the first half of 2023, compared with the same period last year (statutory disclosure data), there will be a loss. The company expects to achieve a net profit of-93 million yuan to-73 million yuan after deducting non-recurring profits and losses attributed to shareholders of listed companies in the first half of 2023.
During the reporting period, the pig breeding business of the company's ecological agriculture and animal husbandry business sector was affected by the continuous decline in pig prices. 191300 live pigs were sold, an increase of 542% over the same period last year, and the average sales price of commercial pigs was 14.32 yuan / kg, down 4.15% from the same period last year. The increase in sales volume combined with the decline in sales prices led to a sharp decline in the company's operating results in the first half of 2023 compared with the same period last year. At the same time, the increase in the purchase price of feed raw materials and other factors led to an increase in pig breeding costs compared with the same period last year, further reducing the profit space of pig business and losses in pig farming business; at the end of the reporting period, due to the decline in pig market prices, the company made preliminary provisions for inventory price decline in accordance with the relevant provisions of the Accounting Standards for Enterprises and the principle of prudence.