CNFC Overseas Fishery Co Ltd

CNFC Fishery released its 2026 interim report, with net profit attributable to the parent company of 102 million yuan, up 18.60% from the same period last year, marking a second consecutive year of growth. Total operating revenue was 2.078 billion yuan, up 18.92% year on year, ranking first among peer companies that have disclosed results. Net cash flow from operating activities was negative 17.4755 million yuan, down 104.62% from the same period last year. The company's latest asset-liability ratio was 71.57%, gross margin was 5.49%, ROE was 18.75%, and diluted earnings per share was 0.28 yuan.

CNFC Fisheries' controlling subsidiary, CNFC Global Marine Foods, received a government grant of 87.886 million yuan on July 13. The grant is related to the company's daily operations and is classified as an income-related government grant, which will have a positive impact on the company's 2026 profit. CNFC Fisheries' main business covers ocean fishing, aquatic product processing and trade, and offshore fishery services. According to the company's performance forecast, net profit attributable to the parent company for the first half of 2026 is expected to be between 95 million and 105 million yuan, a year-on-year increase of 10.07% to 21.65%. Deducted non-recurring net profit is expected to be between 94 million and 104 million yuan, a year-on-year increase of 9.06% to 20.66%.