AustAsia Group(02425.HK): Expected to Swing to Profit in Interim Period with Net Profit of RMB 90 Million to 130 Million

NewTimeSpace News: On 13 July 2026, AustAsia Group(02425.HK) released a positive profit forecast. It expects to record net profit attributable to owners of the parent of roughly RMB 90 million to RMB 130 million during the reporting period, compared with a loss of around RMB 378 million in the same period last year.

The turnaround from loss to profit is mainly driven by improved breeding operational efficiency and higher average selling prices of beef cattle, as well as a sharp drop in revaluation losses. Revaluation losses for the reporting period are projected to stand between approximately RMB 60 million and RMB 110 million, versus RMB 462 million in the corresponding period last year. The decline is primarily attributable to lower feed costs per kilogram of raw milk and higher selling prices for culled cattle.

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