The Zhitong Finance App learned that Youran Animal Husbandry (09858) rose nearly 5% in early trading. As of press release, it had risen 4.55% to HK$4.02, with a turnover of HK$20.937 million.

According to the news, Youran Animal Husbandry expects net profit from the first half of the year to be about 739 million yuan to about 903 million yuan, a sharp reversal of losses over the previous year. Mainly due to the narrowing of the decline in raw milk prices, the continuous rise in cow production, and the decline in feed costs, the fair value loss of biological assets narrowed significantly in the first half of the year; the raw milk business benefited from increased sales and declining feed costs, and the systematic ruminant breeding solution business jointly promoted a year-on-year increase in gross profit in the first half of the year through product iteration and structural optimization.

Huatai Securities released a research report saying that on a comprehensive basis, the company's core business performance continues to improve, rising cattle rushing prices have brought better cattle rushing profits. The “milk+meat” double cycle has entered an upward channel, which is expected to jointly drive the company's fair value losses to continue to narrow. Under the two-cycle resonance, the company's profit flexibility is expected to be further released in the second half of the year.

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