Shennong Group released its 2026 interim report, with net profit attributable to the parent company swinging from profit to a loss of 809 million yuan, a decrease of 1.196 billion yuan compared with the same period last year, down 308.74 percent year on year. Total operating revenue was 2.489 billion yuan, down 11.02 percent year on year. Net cash flow from operating activities was negative 375 million yuan, down 167.35 percent year on year. The latest gross margin was 0.89 percent, down 21.00 percentage points from the same period last year. Diluted earnings per share were negative 1.56 yuan, down 308.00 percent year on year.
Yunnan Shennong Agricultural Industry Group Co LtdReports net loss of 809 million yuan, revenue down 11.02%, and negative operating cash flow.
