DBN Group(002385)2024-10-14 09:26Financial Performance Expectations - The company expects a net profit attributable to shareholders of 120 million to 160 million CNY for the first three quarters of 2024, representing a year-on-year increase of 113.21% to 117.61% from a loss of 908.40 million CNY in the same period last year[3]. - The net profit after deducting non-recurring gains and losses is projected to be between 60 million and 100 million CNY, reflecting a growth of 106.74% to 111.24% compared to a loss of 890.01 million CNY last year[3]. - For Q3 2024, the company anticipates a net profit attributable to shareholders of 280 million to 320 million CNY, marking a significant increase of 308.40% to 338.17% from a loss of 134.36 million CNY in the same quarter last year[4]. - The net profit after deducting non-recurring gains and losses for Q3 2024 is expected to be between 275 million and 315 million CNY, up 251.78% to 273.86% from a loss of 181.18 million CNY in the previous year[4]. - The basic earnings per share for the first three quarters of 2024 is projected to be between 0.03 CNY and 0.04 CNY, compared to a loss of 0.22 CNY per share last year[3]. Factors Contributing to Performance - The company attributes the turnaround in performance to the increase in pig prices year-on-year and a decrease in breeding costs compared to the same period last year[6]. - Operational efficiency improvements and a reduction in period expenses compared to last year also contributed to the positive results[6]. Financial Reporting and Disclosure - The financial data provided is preliminary and has not been audited by an external accounting firm, with final figures to be disclosed in the Q3 2024 report[5][7]. - The company emphasizes the importance of timely information disclosure and advises investors to be aware of investment risks[7].