Jiangsu Nonghua Intelligent Agriculture Technology Co.,Ltd. (000816.SZ) has released its interim report for the first half of 2026, showing a modest revenue increase but a significant decline in profitability. The company achieved operating revenue of 624 million yuan during the period, up 6.78% year-on-year.

Net profit attributable to shareholders of the listed company stood at 5.66 million yuan, representing a sharp drop of 42.05% compared to the same period last year. After excluding non-recurring gains and losses, the attributable net profit was 1.38 million yuan, with basic earnings per share reaching 0.0039 yuan.

During the reporting period, the company's manufacturing segment focused on both external market expansion and internal operational efficiency. On the one hand, it intensified efforts to explore overseas customers and boost market promotion, with particular attention to diversifying beyond the U.S. market through a multi-pronged approach involving proprietary brands, licensed brands, and OEM operations. On the other hand, it strictly controlled costs and expenses, streamlined its supply chain, and enhanced collaborative operational capabilities.

In the first half of the year, the company's overseas sales volume grew by 9.84% year-on-year. However, profitability in its export business experienced fluctuations, primarily due to factors such as the appreciation of the renminbi exchange rate.