Lanzhou Zhuangyuan Pasture reports mixed Q3 2025 results amid project completion

Lanzhou Zhuangyuan Pasture Co., Ltd. reported a 6.52% decrease in operating revenue to 208,631,780.20 yuan for Q3 2025. Despite this, net profit attributable to shareholders improved by 32.01%, reaching a loss of 20,771,030.92 yuan, though non-recurring profit and loss items significantly impacted the bottom line. Cash flow from operating activities saw a remarkable 618.29% increase year-to-date, totaling 110,663,017.15 yuan, primarily due to reduced cash payments for goods and services.

Total assets declined by 3.51% to 2,323,465,728.71 yuan, and owners' equity decreased by 4.44% to 1,043,377,550.62 yuan. Receivables surged by 35.72%, reflecting increased sales, while construction in progress soared by 1191.75% due to ongoing production line upgrades. Short-term borrowings also rose by 45.89% as the company adjusted its financing structure.

The company's third-quarter financial report has not been audited. Furthermore, the company announced the conclusion of its "Jinchuan District 10,000-Head Dairy Cattle Breeding Circular Industrial Park" project, allocating the remaining 125,468,460.76 yuan of raised funds (including interest income) to supplement working capital.