Qianwei Yangchu released its 2026 interim report, showing first-half net profit attributable to the parent of 31.96 million yuan, down 10.7% year on year. Operating revenue was 1.05 billion yuan, up 18.2% year on year; net profit attributable to the parent after deducting non-recurring items was 29.67 million yuan, down 13.0% year on year; net operating cash flow was 75.78 million yuan, up 158.6% year on year; earnings per share were 0.329 yuan. In the second quarter, operating revenue was 464 million yuan, up 11.8% year on year, while net profit attributable to the parent was 9.36 million yuan, down 34.7% year on year. The company said that during the reporting period it fully advanced a dual-engine strategy for business-to-business and business-to-consumer operations, with direct-sales revenue up 40.22% year on year, while distribution-channel revenue fell 4.12%.
Zhengzhou Qianweiyangchu Food Co LtdFirst-half net profit attributable to parent fell 10.7% year on year, with Q2 profit down 34.7%.