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Xinjiang Guannong Fruit & Antler Group Co Ltd

Xinjiang Guannong Co., Ltd. manufactures, processes, trades, and sells agricultural products in China. Its products include cotton, tomato, beet sugar, and fruits and vegetables. The company also exports its products. Founded in 1999, it is based in Korla, China.

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Guannong Co. reports first-half 2026 net profit of 537 million yuan, up 79.09% year on year

Guannong Co. released its 2026 interim report. Total operating revenue was 1.389 billion yuan, up 0.28% year on year. Net profit attributable to the parent company was 537 million yuan, up 79.09% year on year. Net cash inflow from operating activities was 512 million yuan. The asset-liability ratio was 30.81%, gross margin was 8.57%, return on equity was 12.54%, and diluted earnings per share was 0.69 yuan. The company had 32,900 shareholders, and the top ten shareholders held 51.87% of total share capital.
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Guannong Shares' first-half net profit grows over 79% year on year

Guannong Shares disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 1.389 billion yuan, up 0.28% year on year, and net profit attributable to shareholders of the listed company of 537 million yuan, up 79.09% year on year. The company's main business covers three major industrial segments: tomatoes, cotton, and sugar beet sugar production. Among them, oil products contributed revenue of 537 million yuan, cotton products 478 million yuan, fruit and vegetable products 274 million yuan, and sugar products 46 million yuan. The company's strategic equity investments in SDIC Luopotash and Kaidu River Hydropower are 20.3% and 25.28% respectively. In the first half, it received total cash dividends of 478 million yuan. Its investee company SDIC Luopotash achieved operating revenue of 5.855 billion yuan in the first half, with net profit of 2.439 billion yuan, up more than 73% year on year.
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