Shandong Minhe Animal Husbandry Co Ltd

Minhe Co., Ltd. released its 2026 interim report, showing a significant narrowing of losses thanks to a recovery in commercial broiler chick prices and improved cost management. During the reporting period, the company achieved operating revenue of 1.027 billion yuan, up 4.17 percent year on year. Net profit attributable to the parent company was negative 95 million yuan, a loss reduction of 55.60 percent year on year. Non-recurring net profit was negative 100 million yuan, a loss reduction of 54.98 percent. Net cash flow from operating activities was 58.1295 million yuan, up 6.46 percent year on year. The company sold 153 million commercial broiler chicks, generating revenue of 443 million yuan, up 16.17 percent year on year, with its share of total revenue rising to 43.12 percent. Chicken meat products generated revenue of 510 million yuan, down 3.07 percent year on year, accounting for 49.65 percent of total revenue.

Minhe Co., Ltd. disclosed its 2026 semi-annual report. Net profit attributable to the parent company in the first half was a loss of 95.24 million yuan, narrowing the loss by 119 million yuan from a loss of 214 million yuan in the same period last year. The company achieved total operating revenue of 1.027 billion yuan, up 4.17 percent year on year. Net profit after deducting non-recurring items was a loss of 99.92 million yuan, compared with a loss of 222 million yuan in the same period last year. Net cash flow from operating activities was 58.13 million yuan, up 6.46 percent year on year. During the reporting period, basic earnings per share were negative 0.27 yuan, and the weighted average return on net assets was negative 5.53 percent, up 5.58 percentage points year on year.

Minhe Shares announced that its revenue from commercial-generation chick sales in July 2026 reached 77.2876 million yuan, a sharp year-on-year increase of 86.86 percent and a month-on-month rise of 20.93 percent. The company sold 28.7643 million commercial-generation chicks during the month, up 3.99 percent year-on-year and 12.47 percent month-on-month. The company stated that the significant year-on-year jump in sales revenue was mainly due to the sluggish white-feather broiler market in the same period last year, when commercial-generation chick prices were relatively low.