<a href="https://laohu8.com/S/QQFSF">Qinqin Foodstuffs</a> Reports 34% Drop in Net Profit and EPS for H1 2025, Revenue Declines to RMB 563.6 Million
Qinqin Foodstuffs Group (Cayman) Co. Ltd. announced its financial results for the six months ended June 30, 2025. The company reported a revenue of RMB529.7 million, reflecting a 6.0% decrease compared to RMB563.6 million in the same period in 2024. The gross profit for this period was RMB154.2 million, down 10.2% from RMB171.7 million in the previous year, with the gross profit margin slipping from 30.5% to 29.1%. The profit attributable to equity shareholders of the company was RMB21.6 million, marking a 34.3% decline from RMB32.8 million a year earlier. Earnings per share $(EPS)$ for the period stood at RMB0.029, down from RMB0.043 in the prior year. The company's total assets as of June 30, 2025, were RMB1,683.4 million, a decrease of 13.4% from RMB1,943.9 million reported as of December 31, 2024. The net cash position was RMB277.1 million, down 33.2% from RMB415.1 million at the end of 2024, while net current assets increased by 29.2% to RMB235.4 million from RMB182.1 million. Total equity attributable to equity shareholders rose slightly by 1.0% to RMB1,231.5 million.
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