Yuehai Feed released its 2026 interim report, with total operating revenue of 3.779 billion yuan and net profit attributable to the parent company of 47.7869 million yuan. Net cash flow from operating activities was negative 482 million yuan, a decrease of 193 million yuan compared with the same period last year. The company's asset-liability ratio was 52.06 percent, up 1.30 percentage points from the previous quarter and up 6.75 percentage points from the same period last year. Gross margin was 10.99 percent, down 0.18 percentage points from the previous quarter. Return on equity was 1.83 percent, and diluted earnings per share were 0.07 yuan. The number of shareholders was 21,600, and the top ten shareholders held 71.45 percent of the total share capital.
Guangdong Yuehai Feeds Group Co.Ltd.Net profit of 47.79 million yuan on 3.779 billion revenue, but operating cash flow deeply negative at -482 million, down 193 million year-over-year, and rising leverage.