Tianbang Food: It is expected to turn losses from January to June 2022, mainly due to losses of pig breeding business

On July 7, Capital State learned that Tianbang Food (Code: 002124.SZ), a listed company of A-share listed companies, released the semi-annual report performance forecast. 580 million to 650 million yuan, net profit increased by 189.16%year -on -year to 199.92%. It is expected that the basic earnings per share will be 0.32 to 0.35 yuan.

The company made the above prediction based on the following reasons: the company's net profit attributable to shareholders of listed companies in the first half of 2022 to make a profit. The main contribution comes from the investment income from 51%of the equity of the transfer subsidiary of 1.394 billion yuan; The profit is still negative, mainly from the loss of pig breeding business. In the first half of 2022, pig prices were still at a low level and the feed price was at a high level, which brought dual pressure on the company's main business of pig farming. From the perspective of trend, with the gradual rise of pig prices in the second quarter and the company's pig production capacity to stabilize and recover, efficiency improves, the losses in the second quarter have narrowed significantly compared with the first quarter.

Tianbang Food, the company's full name Tianbang Food Co., Ltd., was established on September 25, 1996. Zhang Banghui, the current general manager, is the main business of the food industry (the processing of pig breeding and pork products), the development and sales of biological products. Feed development and sales.

- END -