Yihai Kerry Arawana Holdings (300999) H2 2024 earnings summary

Executive summary

• Revenue for 2024 was ¥238.87 billion, down 5.03% year-over-year, mainly due to product price declines outweighing volume growth.

• Net profit attributable to shareholders was ¥2.50 billion, a 12.14% decrease year-over-year.

• Profit before tax increased 7.05% year-over-year to ¥3.66 billion.

• Excluding non-recurring items, net profit attributable to shareholders dropped 26.42% year-over-year.

Financial highlights

• Operating income: ¥238.87 billion, down 5.03% year-over-year.

• Operating profit: ¥3.63 billion, up 7.03% year-over-year.

• Net profit attributable to shareholders: ¥2.50 billion, down 12.14% year-over-year.

• Basic EPS: ¥0.46, down 13.21% year-over-year.

• Total assets at year-end: ¥225.06 billion, down 5.64% from the start of the year.

Outlook and guidance

• Recent investments are expected to strengthen long-term growth potential despite short-term profit impact.