Sanquan Food released its 2026 semi-annual report. In the first half of the year, operating revenue was approximately 3.906 billion yuan, up 9.49% year on year. Net profit attributable to the parent company was approximately 365 million yuan, up 16.48% year on year. Net profit after deducting non-recurring items was approximately 256 million yuan, up 14.44% year on year. Net cash flow from operating activities in the first half was approximately negative 104 million yuan, compared with approximately negative 191 million yuan in the same period last year, an improvement of 45.27% year on year. The company said this was mainly due to the later timing of the Spring Festival, which caused a difference in the timing of sales collections. By product category, revenue from frozen flour and rice products was approximately 3.209 billion yuan, accounting for 82.14% of total revenue and up 3.70% year on year. Revenue from frozen prepared foods was approximately 630 million yuan, accounting for 16.13% of total revenue and surging 59.89% year on year. Revenue from chilled and short-shelf-life products was approximately 37.99 million yuan, accounting for 0.97% of total revenue and down 13.73% year on year.
Sanquan Food Co LtdFirst-half net profit up 16.48% and revenue up 9.49%, with strong growth in frozen prepared foods.
