Xinjiang Tianrun Dairy: revenue falls, net profit plunges in Q3 2025

Xinjiang Tianrun Dairy Co., Ltd. reported a 4.84% decrease in Q3 2025 revenue to yuan 678,152,147.20, with year-to-date revenue at yuan 2,073,627,379.34, a 3.81% decline from the previous year. Net profit attributable to shareholders plummeted 77.60% for the quarter, reaching yuan 11,241,834.80, and was negative yuan 10,614,523.68 year-to-date, marking a 147.66% decrease. The company attributed this decline primarily to increased culling of low-production value cattle and provisions for bad debts related to student milk and childcare project receivables.

Diluted and basic earnings per share both decreased by 77.62% for the quarter to yuan 0.0356, with year-to-date figures at negative yuan 0.0337. Operating cash flow for the nine months ended September 30, 2025, rose 4.37% to yuan 453,897,784.88. The company's total assets decreased by 6.87% to yuan 5,767,052,338.98 compared to the end of last year.

Strategic initiatives in the third quarter included the completion and operational launch of a 200,000-ton dairy processing project, the expansion of market channels with nine new distributors (one in Xinjiang, eight outside), and the introduction of new products. The company also optimized its herd structure and refined feed management to reduce costs.