Toly Bread released its 2026 interim report. First-half operating revenue was about 2.56 billion yuan, down 1.98% year on year. Net profit attributable to the parent was about 145 million yuan, down 28.75% year on year. Net profit attributable to the parent after deducting non-recurring items was about 137 million yuan, down 29.46% year on year. In the same period, the company announced plans to establish a wholly owned subsidiary, Shanghai Shuangzishan Trading Co., Ltd., with registered capital of 10 million yuan, registered at No. 212 Wankang Road, Minhang District, Shanghai. Its business scope includes food production, food sales, and online food sales. The company said the move aims to integrate the group's e-commerce business, adapt to online operations, achieve standardized development, and improve operational management efficiency.
Shenyang Toly Bread Co LtdFirst-half net profit fell 28.75% year on year, missing expectations.
