Yihai Kerry Arawana Holdings (300999) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥65.53 billion, up 10.92% year-over-year, driven by increased sales in kitchen foods, feed ingredients, and oil technology products.

• Net profit attributable to shareholders was ¥1.48 billion, a 50.98% increase year-over-year; adjusted for non-recurring items, net profit was ¥1.01 billion, up 16.84%.

• Excluding the impact of equity disposals, net profit attributable to shareholders was ¥1.22 billion, up 24.18% year-over-year.

Financial highlights

• Operating cash flow was ¥4.17 billion, down 59.50% year-over-year due to changes in procurement and settlement.

• Total assets at quarter-end were ¥222.93 billion, down 2.53% from year-end 2025.

• Shareholders’ equity increased 1.50% to ¥97.88 billion.

• Basic and diluted EPS were both ¥0.27, up 50% year-over-year.

Outlook and guidance

• Growth in kitchen foods and feed ingredients expected to continue, supported by expanded sales channels and strong downstream demand.