On July 9th, Gelunhui reported that Shandong Huifa Foodstuff (603536.SH), according to preliminary calculations by the company's finance department, the net income belonging to shareholders of the listed company in the first half of 2024 is expected to be -21 million yuan to -16 million yuan, an increase of about 31.27% to 47.64% compared with the same period last year.

The net income attributable to shareholders of the listed company in the first half of 2024, excluding non-recurring gains and losses, is expected to be -24 million yuan to -18 million yuan, an increase of about 29.97% to 47.48% compared with the same period last year.

In the first half of 2024, the company will continue to expand its market, optimize its product structure and sales network layout, constantly improve its operational capabilities and profitability, and reduce its losses compared to the same period last year. The company's losses in the first half of the year were mainly due to business expansion, channel construction and other factors that caused more management expenses and sales expenses.