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Tianrun Dairy: Announcement on pre-reduction of 2024 annual results of Xinjiang Tianrun Dairy Co., Ltd.
Xinjiang Tianrun Dairy Co., Ltd. 2024 Annual Results Pre-Reduction Announcement
Xinjiang Tianrun Dairy (600419.SH): Expected net income in 2024 is projected to decrease by 64.8% to 75.36% year-on-year.
Gelonghui reported on January 14 that Xinjiang Tianrun Dairy (600419.SH) announced that according to preliminary calculations by the company's finance department, it is expected to achieve net income attributable to the parent company of 35 million yuan to 50 million yuan in 2024. Compared to the same period last year, this represents a decrease of 92.0283 million yuan to 107.0283 million yuan, a year-on-year decrease of 64.80% to 75.36%. It is also anticipated that the net income attributable to the parent company, after deducting non-recurring gains and losses, will be between 75 million yuan and 100 million yuan, which will be a decrease of 40.1746 million yuan compared to the same period last year.
Huachuang Securities: The logic of improvement gradually unfolds, maintaining a neutral outlook on the possibility of a reversal in milk prices in Q3 2025.
First, after the Spring Festival, the destocking during the off-season is expected to accelerate, and then the raw milk cycle is expected to reverse in Q3 of 2025.
Xinjiang Tianrun Dairy (600419.SH): "Tianrun convertible bonds" will be listed for trade on November 15.
xinjiang tianrun dairy (600419.SH) announced that the 0.99 billion yuan convertible bonds issued by the company this time will be...
Xinjiang Tianrun Dairy Co., Ltd. Report for the Third Quarter of 2024