Guangdong Yantang Dairy reports mixed Q3 results: Profit down, assets up

Guangdong Yantang Dairy Company Limited has released its unaudited third-quarter results for 2025, showing a decrease in net profit attributable to shareholders alongside an increase in total assets. For the nine months ended September 30, 2025, net profit attributable to shareholders was 53,313,407.52 yuan, a 34.32% decline compared to the same period last year. Basic earnings per share also fell by 34.62% to 0.34 yuan.

However, the company’s total assets grew by 2.65% to 1,995,104,305.09 yuan, while shareholders' equity increased by 2.01% to 1,504,471,784.64 yuan, compared to the end of the previous year.

Operating revenue for the nine-month period reached 1,178,704,029.79 yuan, a 9.55% decrease from the prior year. Despite the revenue decline, the net cash flow from operating activities significantly increased by 38.94% to 130,468,723.71 yuan, indicating improved operational efficiency in cash generation.

The report also highlighted substantial increases in certain balance sheet items, such as prepayments rising by 88.49% due to increased material purchases and marketing activities. Construction in progress soared by 676.33%, primarily driven by significant investments in the Guangken Dairy Intelligent Logistics Center and Huangpu Modern Dairy Production Base technical upgrades. Financial expenses increased by 185.04% mainly due to reduced interest income.