Huazi Industrial sees revenue and profit drop in first half
Baotou Huazi Industry Co., Ltd. (SSE:600191) announced its 2025 semi-annual results, detailing revenue of 221,005,053.37 yuan and a net profit attributable to shareholders of 4,395,923.22 yuan. This represents an 11.37% decrease in revenue and a 39.22% decrease in net profit compared to the previous year. The company cited a decline in market prices for its main grain processing products and increased financial expenses related to the yellow gum project as key factors affecting profitability.
The company's board of directors and supervisors both approved the semi-annual report on August 28, 2025. The report reflects Huazi Industry's continued focus on its grain deep processing and sugar production businesses, including advancements in the yellow gum and dextrin projects.
During the period, the company also reported a change in its actual controller to Song Minzhong on April 23, 2025. The company's strategic initiatives include enhancing asset profitability through technological upgrades and market expansion for its yellow gum products.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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