Jiangsu Provincial Agricultural Reclamation and Development Co Ltd

Suken Agricultural Development released its 2026 interim report, with net profit attributable to the parent company of 144 million yuan, a decrease of 32.48% compared with the same period last year. The company's total operating revenue was 4.332 billion yuan, down 5.59% year-on-year; net cash inflow from operating activities was 167 million yuan, down 76.84% year-on-year. The company's latest asset-liability ratio was 46.48%, gross margin was 11.31%, ROE was 2.00%, and diluted earnings per share was 0.10 yuan.

Su Ken Nong Fa disclosed its 2026 half-year performance flash report. During the period, it achieved operating revenue of 4.332 billion yuan, down 5.59% year-on-year. Net profit attributable to shareholders of the listed company was 142 million yuan, down 33.32% year-on-year. The decline in performance was mainly due to the impact of last year's climate, which narrowed the gross margin of rice and wheat in the planting segment's opening inventory. During the reporting period, agricultural product prices fluctuated within a low and narrow range, further compressing the overall gross margin.