Su Ken Nong Fa disclosed its 2026 half-year performance flash report. During the period, it achieved operating revenue of 4.332 billion yuan, down 5.59% year-on-year. Net profit attributable to shareholders of the listed company was 142 million yuan, down 33.32% year-on-year. The decline in performance was mainly due to the impact of last year's climate, which narrowed the gross margin of rice and wheat in the planting segment's opening inventory. During the reporting period, agricultural product prices fluctuated within a low and narrow range, further compressing the overall gross margin.
Jiangsu Provincial Agricultural Reclamation and Development Co LtdNet profit attributable to parent fell 33.32% year-on-year due to lower gross margins from climate impact and low agricultural product prices.
Shenzhen Agricultural Products Co Ltd