YuanShengTai Dairy Farm Flags Profit for 2024

MT Newswires Live

2025/02/24

YuanShengTai Dairy Farm (HKG:1431) expects a net profit between 270 million yuan and 320 million yuan for 2024 against a net loss of 339.7 million logged for 2023, a Monday bourse filing said.

The company attributed the expected turnaround to an increase in gross profit and a decrease in loss on biological assets from changes in fair value.

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