Namchow Food has released its 2026 half-year performance forecast, expecting attributable net profit for the first half to range from 2.0751 million yuan to 3.1127 million yuan, a year-on-year decline of 91.34% to 94.23%. The company stated that the sharp drop in performance was mainly due to a year-on-year increase in major raw material prices, which drove up production costs and led to a decline in overall gross margin and net margin. At the same time, a decrease in the revenue share of high-margin products further dragged down the gross margin.
Namchow Food Group (Shanghai) Co. Ltd.Raw material price increases drove up production costs, reducing margins.