YST DAIRY Issues Profit Alert, Forecasts 2025 Net Profit of Approximately 520-570 Million Yuan
Deep News
Mar 08
YST DAIRY (01431) has released an announcement indicating that the group expects to achieve a net profit ranging from approximately RMB 520 million to RMB 570 million for the fiscal year ending December 31, 2025. This compares to a net profit of about RMB 297 million for the previous fiscal year ended December 31, 2024.
The board of directors attributed this positive forecast to the following primary factors: an increase in gross profit compared to the previous year, driven by higher sales volume and a decrease in dairy cattle feed costs; and a reduction in the loss from fair value changes of biological assets minus cost of sales for the current year compared to the prior year.
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