Beijing Sanyuan Foods: Net profit surges 124% despite revenue decline

Beijing Sanyuan Foods (SSE:600429) reported total operating revenue of 4,871,044,893.27 yuan for the first three quarters of 2025, a decrease of 10.06% compared to the previous year. Despite this, net profit attributable to shareholders surged by 124.84% to 236,072,343.69 yuan, reflecting enhanced operational efficiency and a focus on profitability. Liquid milk, solid milk, and ice cream were key revenue drivers.

The company's strategic reforms, focusing on quality and cash flow, improved overall profitability, with earnings per share rising by 124.71%. Total assets increased by 5.55% to 9,324,106,480.49 yuan. During the period, Sanyuan Foods optimized its sales channels, reducing the number of distributors by 1,640, with 563 new additions, particularly in regions outside Beijing.

The company also highlighted a series of corporate actions, including a dividend distribution of 0.12 yuan per 10 shares, and significant financial adjustments due to the consolidation of Beijing Sanyuan Meiyuan Food Co., Ltd. Additionally, the company is undertaking a share repurchase program and has approved capital increases for subsidiaries and various credit facilities.