On July 9th, Gelonhui reported that Tianyu eco-environment (603717.SH) estimated that its net income attributable to the owner of the parent company would be between 5 million yuan and 7.5 million yuan in the first half of 2024. Compared with the same period last year (disclosed data), it is expected to turn losses into profits. The company expects to achieve a net profit deducting non-recurring gains and losses attributable to the owner of the parent company of -5 million yuan to -2.5 million yuan in the first half of 2024.
During the reporting period, the company's hog farming business in the ecological agriculture and animal husbandry food sector continued to reduce costs and increase efficiency, while the hog sales price gradually recovered, achieving a turnaround from losses to profits.