VV Food & Beverage reports strong 2024, Q1 2025 performance

VV Food & Beverage (SSE:600300) held its 2024 annual and first quarter 2025 performance briefing, highlighting substantial financial gains. The company reported a net profit attributable to shareholders of CNY 411,142,986.10 for 2024, marking a CNY 201,652,618.39 increase compared to the previous year. Net profit attributable to shareholders after deducting non-recurring gains and losses reached CNY 334,769,873.05, a 99.25% rise, and a record high. The first quarter of 2025 continued the upward trend, with net profit attributable to shareholders after deducting non-recurring gains and losses at CNY 69,130,828.33, a 107.14% increase year-on-year. The company emphasized its focus on high-quality development, strategic transformation, and shareholder returns. Further financial details and potential developments will be included in the 2025 semi-annual report.