According to the Zhitong Finance App, Minhe Co., Ltd. (002234.SZ) released the 2023 annual results forecast. The net loss attributable to shareholders of listed companies is expected to be 370 million yuan to 400 million yuan for the whole year.

The net profit attributable to shareholders of listed companies during the reporting period is expected to be negative, and the amount of loss decreased compared to the previous year. The main reasons are: 1. During the reporting period, the popularity of the white feather broiler industry increased year-on-year, the sales price of the company's main product, chicken fry, and sales of the company's chicken products increased, and the company's main business revenue increased significantly. 2. During the reporting period, the cost of purchasing chicken for parents rose sharply, leading to an increase in the cost of chicken seedlings for the company's main products. 3. During the reporting period, in order to rapidly improve and consolidate the cooked food business, the company continued to increase the construction and promotion of cooked food sales channels, and sales expenses increased significantly. 4. At the end of the reporting period, due to the low sales price of the main product, substitute chicken seedlings, the company accrued asset impairment for parents breeding chicken, eggs, and other related assets that showed signs of impairment. 5. During the reporting period, the participating company Beidahuang Baoquanling Agriculture and Animal Husbandry Development Co., Ltd. (mainly engaged in breeding, slaughter and processing of white feather broilers) experienced large losses, and the company's investment income suffered a certain loss.