Yihai Kerry Arawana Holdings (300999) Q2 2026 earnings summary

Executive summary

• Revenue reached ¥122.85 billion, up 6.20% year-over-year; net profit attributable to shareholders was ¥2.29 billion, up 30.69% year-over-year.

• Excluding non-recurring items, net profit attributable to shareholders was ¥1.48 billion, up 6.61% year-over-year.

• Cash flow from operating activities dropped 93.16% year-over-year due to changes in procurement rhythm and settlement methods.

• Kitchen food, feed ingredients, and oil technology segments all saw volume and profit growth.

Financial highlights

• Revenue: ¥122.85 billion (+6.20% YoY); net profit: ¥2.29 billion (+30.69% YoY).

• Excluding disposal of associates, net profit was ¥2.03 billion (+15.71% YoY).

• Operating cash flow: ¥1.00 billion (-93.16% YoY).

• Basic and diluted EPS: ¥0.42 (+31.25% YoY).

• Gross margin for kitchen food: 7.15% (-0.51pp YoY); feed and oil tech: 4.39% (+0.13pp YoY).

Outlook and guidance

• No interim dividend, bonus shares, or capital reserve transfer planned.

• Management expects continued growth in high-end, healthy, and value-added food segments.

• Ongoing expansion in central kitchen, egg, and health product lines.