Shandong Homey Aquatic reports Q2 2025 mixed operating results and board changes

Shandong Homey Aquatic Development Co., Ltd. announced its unaudited operating data for the second quarter of 2025. Cold and convenience foods saw a 6.05% increase in production and an 8.50% rise in sales year-on-year, while inventory decreased by 2.73%. In contrast, processed sea cucumber production surged by 85.63%, but sales dropped by 33.05%, and inventory jumped 83.99%. Fishing products saw a 2.07% production increase, but sales declined 14.94%, resulting in a 211.85% increase in inventory.

Fresh sea cucumber production and sales both increased by 11.99%. Total operating revenue for the first six months of 2025 decreased by 9.18% to CNY 710,720,795.47, and net profit attributable to shareholders fell by 8.74% to CNY 24,624,735.65. However, net profit excluding non-recurring gains and losses increased by 216.16%. The company will not distribute profits or convert capital reserves for the first half of 2025.

In personnel news, Liang Weigang, Kong Yunfei, and Sun Zonghui resigned from their board and deputy general manager positions, respectively. Chen Pengyu and Zhang Shusen were elected as new directors. Additionally, Song Xiaohui resigned as securities affairs representative, with Bi Anning appointed as his successor.