Denghai Seeds reports strong Q3 profit growth despite revenue decline

Shandong Denghai Seeds announced a 222.86% increase in net profit attributable to shareholders for Q3 2025, reaching 18.88m yuan. Despite this, year-to-date revenue declined by 11.17% to 513.68m yuan. Operating cash flow for the year-to-date period saw a substantial increase of 72.93%, totaling 207.23m yuan, primarily due to increased collections from sales pre-orders and decreased payments for goods and services.

The company's basic and diluted earnings per share for the quarter were 0.0215 yuan, marking a 225.76% rise. Total assets grew by 4.34% to 5.09bn yuan compared to the previous year-end, while owner's equity attributable to shareholders increased by 0.79% to 3.62bn yuan. The company also reported receiving a biosafety certificate for its genetically modified corn hybrid, LD05, developed in collaboration with the Shandong Academy of Agricultural Sciences.