Nanqiao Foods (605339.SH) announced its first-half results, with net profit of 2.593,900 yuan to mother, a year-on-year decrease of 92.79%

According to the Zhitong Finance App, Nanqiao Food (605339.SH) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 1,467 billion yuan, a year-on-year decrease of 5.68%. Net profit attributable to shareholders of listed companies was 2.593,900 yuan, a year-on-year decrease of 92.79%. Net loss of $9.5687 million after deduction of non-recurring profit and loss attributable to shareholders of listed companies. Basic earnings per share were $0.01.

During the reporting period, net profit attributable to shareholders of listed companies decreased by 92.79% year on year. Mainly, during the reporting period, the company's production costs increased due to the year-on-year increase in prices of major raw materials, which led to a decline in the company's overall gross margin and net interest rate. Furthermore, the company's share of revenue from high-margin products has declined, putting further pressure on overall gross margin.