Yantang Dairy Q1 2025 revenue drops, profit plummets

Guangdong Yantang Dairy (SZSE:002732) announced a decline in its first-quarter 2025 financial results. Revenue decreased by 11.81% year-over-year, landing at CNY 334.27 million, compared to CNY 379.05 million in the same period last year. Net profit attributable to shareholders saw a steeper drop of 46.17%, falling to CNY 8.70 million from CNY 16.16 million in Q1 2024. Cash flow from operating activities saw an increase to a negative CNY 10.17 million from CNY 19.44 million in the prior year. The company attributes some of the profit decline to increased asset disposal losses related to the culling of livestock. The company's expansion plans, including the Guangdong Agribusiness dairy project and the Eastern Guangdong production base, are progressing.