The Zhitong Finance App learned that Hyundai Animal Husbandry (01117) reversed the market and rose by more than 10%. As of press release, it had risen 9.25% to HK$1.595, with a turnover of HK$495.751 million.

According to the news, Hyundai Animal Husbandry recently released interim results. In the first half of the year, it achieved revenue of about 6.593 billion yuan, an increase of 8.6%; gross profit of about 1,727 billion yuan, an increase of 7.72% over the previous year; and profit attributable to equity shareholders of the company was 15.29 million yuan, turning a loss into a profit over the previous year. According to the announcement, turning a loss into a profit was mainly due to a drastic reduction in losses and an increase in gross profit due to changes in the fair value of dairy cows to reduce the sales cost of dairy cows.

Huaxi Securities released a research report saying that in the early stages of losing money, the industry will not shift broadly to bullish and expand production, compounding short-term cash flow pressure, the natural elimination of a high proportion of dairy cows, and the increase in demand for deep processing in 27 years, and continue to be optimistic that the raw milk cycle will reverse to the historical average price level — performance improved markedly in 26 years due to narrowing impairment, and performance continued to improve in '27, driven by a rebound in milk prices.

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