DACHAN FOOD released its interim results, with a shareholder attributable loss of 35.07 million yuan, turning from profit to loss year-on-year
DACHAN FOOD released its interim results for the period ending June 30, 2025, with operating revenue of 2.909 billion yuan, a year-on-year increase of 4.11%. However, the loss attributable to shareholders was 35.07 million yuan, compared to a profit of 31.575 million yuan in the same period last year, resulting in a basic loss per share of 0.035 yuan. The company stated that the expansion of the domestic broiler chicken industry has led to a surge in chicken supply, but insufficient consumer demand has caused a significant imbalance between supply and demand, resulting in a sharp decline in chicken prices and severe losses in the slaughtering business
According to the Zhitong Finance APP, DACHAN FOOD (03999) announced its interim results for the six months ending June 30, 2025, with operating revenue of 2.909 billion yuan (RMB, the same below), an increase of 4.11% year-on-year; a loss attributable to shareholders of 35.07 million yuan, compared to a profit attributable to shareholders of 31.575 million yuan in the same period last year; basic loss per share of 0.035 yuan.
The announcement stated that the rapid expansion of the domestic broiler chicken industry has led to a surge in chicken supply, but the growth in consumer demand has been weak. Under the imbalance of supply and demand, chicken prices have plummeted year-on-year, reaching a five-year low at one point, resulting in significant losses in the company's slaughtering business
