Huaying Agriculture disclosed its earnings forecast, expecting a net loss attributable to the parent company of 28 million to 35 million yuan in the first half of 2026, compared with a loss of 20.6315 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 34 million to 41 million yuan, compared with a loss of 25.9809 million yuan in the same period last year. The company stated that overall operating revenue maintained growth, but cyclical fluctuations in the duck meat industry led to low selling prices for some duck products. At the same time, the down business faced cost pressure due to a phased rise in upstream raw feather prices, squeezing the profitability of the main business. Huaying Agriculture focuses on the duck industry, with operations covering two major industrial chains: food and down.
Henan Huaying Agricultural Development Co LtdCompany expects a larger net loss of 28-35 million yuan in H1 2026 vs loss of 20.6 million yuan a year ago.