Jiujiuwang Food International Reports 10.5% Decline in Revenue for H1 2025
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Jiujiuwang Food International reported a 10.5% decline in revenue for H1 2025, totaling RMB162.5 million compared to RMB181.6 million in H1 2024. The decrease was mainly due to lower sales of own-branded products. Selling expenses fell by RMB2.9 million, and administrative expenses decreased by RMB2.1 million. Key risks include reliance on major OEM customers and third-party distributors, lack of long-term contracts, and exposure to raw material price fluctuations.
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