China Animal Husbandry Industry's H1 2026 net profit falls 39.04% to 49.85 million yuan

Earnings
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China Animal Husbandry Industry disclosed its 2026 semi-annual report on August 27. In the first half of the year, total operating revenue reached 3.171 billion yuan, up 13.54% year on year, but net profit attributable to the parent company was 49.85 million yuan, down 39.04% year on year. Net profit after deducting non-recurring items was 102 million yuan, up 24.61% year on year, while net cash flow from operating activities was negative 242 million yuan, compared with negative 232 million yuan in the same period last year. During the reporting period, total non-recurring gains and losses were negative 51.92 million yuan, including government subsidies of 2 million yuan recognised in current profit or loss, and losses of 46.82 million yuan from financial assets and financial liabilities. As of the end of the first half of 2026, the company's inventory book value was 1.095 billion yuan, accounting for 19.15% of net assets, an increase of 152 million yuan from the end of last year.

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