CNFC Overseas Fisheries posts 22% profit rise despite impairments

CNFC Overseas Fisheries reported net profit attributable to shareholders rose 22.12% to 86.3 million yuan in the first half of 2025, despite asset impairment losses of 25.4 million yuan primarily for inventory and contract performance costs.

Total assets increased 2.79% to 6.16 billion yuan, while operational cash flow improved due to reduced prepayments and inventory.