Dahu Aquaculture revenue dips, losses narrow in Q1 2025

Dahu Aquaculture (SSE:600257) reported a revenue decrease of 27.47% to CNY151.18 million for the first quarter of 2025, compared to CNY208.44 million in the same period last year. However, the company demonstrated improved performance in loss reduction, with the net loss attributable to shareholders narrowing by 56.52% to CNY3.44 million from CNY7.91 million. Basic and diluted earnings per share both improved to -CNY0.007 from -CNY0.016. Operating cash flow turned positive at CNY41.85 million, a notable turnaround from a negative CNY24.36 million in Q1 2024. The company attributed the improved bottom line to strengthened cost controls and decreased marketing expenses. Shareholders also approved the company's 2024 reports and key resolutions during its annual general meeting.