Sunner Development released its 2026 semi-annual report. First-half operating revenue was 10.781 billion yuan, up 21.73% year on year. Net profit attributable to the parent company was 502 million yuan, down 44.80% year on year, mainly because the same period in 2025 included a one-time investment gain of 546 million yuan recognized from the acquisition of Anhui Sun Valley equity, which raised the comparison base. Excluding that impact, comparable net profit attributable to the parent company rose about 38% year on year. Net profit excluding non-recurring items was 524 million yuan, up 39.46% year on year. The non-GAAP net margin improved to 4.86% from 4.24% a year earlier, overall gross margin rose 1.15 percentage points to 13.12%, and net cash flow from operating activities was 914 million yuan. Sales volume of raw chicken meat reached 732,000 tonnes, up 10.3% year on year. Sales volume of further-processed meat products reached 251,000 tonnes, a sharp increase of 46.1% year on year, making the food further-processing business the core driver of revenue growth. Revenue from consumer retail channels exceeded 2 billion yuan, up more than 20% year on year, while export channel revenue rose more than 30% year on year. The company's self-bred Shengze 903 white-feather broiler package has achieved large-scale application. White-feather broiler farming capacity is close to 800 million birds, and food further-processing capacity, both under construction and already built, exceeds 600,000 tonnes, ranking first nationwide.
Fujian Sunner Development Co LtdNon-GAAP net profit up 39.46% and revenue up 21.73%, with improved margins and strong cash flow.
