Tianrun Dairy navigates challenges, announces Q1 results and subsidies

Xinjiang Tianrun Dairy (SSE:600419) announced its first-quarter 2025 results, highlighting both challenges and strategic responses within a shifting industry landscape. The company reported revenue of CNY 624.52 million, a modest 2.5% year-over-year decrease, and a net loss attributable to shareholders of CNY 73.30 million, a significant drop of 1,713.36% compared to the same period last year. Factors contributing to the loss include increased culling of lower-value cattle and higher provisions for inventory write-downs.