On January 16, Gelonghui announced that Dahu Aquaculture (600257.SH) has projected a net loss for the fiscal year 2024. According to preliminary calculations by the financial department, it is estimated that the net income attributable to shareholders of the listed company will be between -65 million yuan and -78 million yuan, a decrease of 56.8413 million to 69.8413 million yuan compared to the same period last year. The net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, is also expected to be between -65 million yuan and -78 million yuan, a reduction of 44.4517 million to 57.4517 million yuan compared to the same period last year.
During this reporting period, the aquatic products and Baijiu (Chinese Liquor) business were affected by the sluggish domestic consumer market, resulting in a decline in the price of white herring aquatic products, the company adjusting prices for certain products, a decrease in the number of orders from some customers, and slow growth in new customer acquisition, leading to a gross margin growth that did not meet expectations; the medical rehabilitation business has not yet achieved profitability due to the two new hospitals in Hangzhou currently being in the business expansion phase.
