Sanquan Food released its 2026 half-year report, showing first-half net profit attributable to the parent of 365 million yuan, up 16.5% year on year. Operating revenue was 3.906 billion yuan, up 9.5% year on year. Net profit attributable to the parent after deducting non-recurring items was 256 million yuan, up 14.4% year on year. Net operating cash flow was negative 104 million yuan, an improvement of 45.3% year on year. Second-quarter operating revenue was 1.45 billion yuan, up 7.7% year on year, while net profit attributable to the parent was 95.59 million yuan, down 8.7% year on year. The company said that during the first half it continued to launch customized products successfully, opened up emerging markets such as instant retail, tea beverages, and corporate customization, and improved product quality and production efficiency through intelligent production equipment and optimized key process flows.
Sanquan Food Co LtdFirst-half net profit up 16.5% and revenue up 9.5% beat expectations, though Q2 profit declined.
