Fufeng Group's Profit Soars 72% in H1; Shares Slide 3%

MT Newswires Live
08/29

Fufeng Group (HKG:0546) saw a 72% rise in attributable profit in the first half of 2025 to 1.79 billion yuan from 1.04 billion yuan in the year-ago period, a late Thursday filing with the Hong Kong bourse said.

Shares of the chemical manufacturing company were down nearly 3% in Friday afternoon trading.

Earnings per share stood at 0.7146 yuan in the interim period, up from 0.4130 yuan in the corresponding period of the last year.

Revenue jumped 4.4% to 14 billion yuan from 13.4 billion yuan previously, mainly due to higher revenue from the animal nutrition segment.

The firm attributed the higher profit mainly to a rise in sales volume of products and lower raw material costs, leading to a boost in gross profit, as well as compensation received from Xinjiang Meihua and Meihua Biotechnology.

The company proposed a basic interim dividend of HK$0.244 per share and a special interim dividend of HK$0.035 per share for the period.

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