Xinjiang Talimu Agriculture Development Q1 profit dips 41%

Xinjiang Talimu Agriculture Development (SSE:600359) reported a CNY30,229,196.49 net profit attributable to shareholders for the first quarter of 2025, a 41.12% decrease year-over-year from CNY51,344,684.17. The company's operating revenue also saw a slight decline, falling 5.31% to CNY151,082,492.73. Basic earnings per share decreased to CNY0.08 from CNY0.13. However, cash flow from operating activities rose substantially by 388.69% to CNY58,093,650.94, as a result of a decreased inventory expenses, versus CNY11,887,555.31. The company attributed the profit decline to decreased sales volume and gross profit margin, while the increased cash flow was due to reduced procurement expenditure.