YST DAIRY (01431) has released its annual results for the period ending December 31, 2025. The company reported revenue of 2.733 billion yuan, representing a year-on-year increase of 7.1%. Net profit reached 552 million yuan, a significant surge of 86.2% compared to the previous year. Basic earnings per share stood at 11.78 fen. During the year, the sales volume of raw milk totaled 638.6 thousand tons, an increase of 12.7% from 566.7 thousand tons in 2024. The growth in raw milk sales was primarily driven by (i) an expansion in the size of the mature cow herd, and (ii) an increase in the average annual milk yield per cow. The average selling price for the company's raw milk this year was 4,278 yuan per ton, a decrease of 4.9% from the 2024 price of 4,500 yuan per ton.