Zhītōng Cáijīng APP news: Hunan New Wellful (600975.SH) announced a pre-loss forecast for the first half of 2024. The company expects a net loss attributable to the parent company's shareholders of between 220 million yuan and 280 million yuan for the reporting period, a decrease in loss compared to the same period last year. The net loss attributable to the parent company's shareholders after deducting non-recurring gains and losses is between 225 million yuan and 285 million yuan.

During the reporting period, the company's hog farming business developed steadily, with a total of approximately 1.97 million hogs sold, a year-on-year increase of 54%. The hog market prices began to rebound in the second quarter, and the company's hog farming business reported a significant reduction in losses compared to the same period last year, achieving profitability in the second quarter. Due to the sustained low hog prices in the first quarter, the company still incurred losses for the first half of the year.