COFCO Tunhe Sugar reports Q3 2025 earnings, adjusts related-party transaction forecast

COFCO Tunhe Sugar Holdings Co., Ltd. announced its third-quarter 2025 results, reporting a 10.06% increase in operating revenue to CNY 8,537,302,637.78 for the quarter, though year-to-date revenue declined by 10.60% to CNY 20,304,778,409.41. Net profit attributable to shareholders rose by 23.57% to CNY 370,260,739.61 for the quarter, but decreased by 29.86% year-to-date to CNY 815,120,379.37. The company's basic and diluted earnings per share for the nine months ended September 30, 2025, were both CNY 0.3811.

The company plans to hold its 2025 Fourth Interim Shareholders' Meeting on November 21, 2025, to discuss a proposal to increase the 2025 annual estimated amount for routine related-party transactions. This adjustment, approved by the board on October 28, 2025, will raise the estimated amount for related-party purchases to CNY 890bn, an increase from the initial CNY 690bn projected earlier in the year.

This revision is attributed to changing market conditions and an increase in imported sugar volumes. Independent directors affirmed that the increased related-party transactions are based on normal business operations, follow fair market pricing, and will not compromise the company's independence or the interests of non-related shareholders. An investor briefing will be held on November 25, 2025, to provide more details on the third-quarter performance and address shareholder inquiries.