Chaoda Modern Agriculture Reports 15% Revenue Decline to RMB63 Million for FY2025

Reuters
Sep 30, 2025
<a href="https://laohu8.com/S/CMGHD">Chaoda Modern Agriculture</a> Reports 15% Revenue Decline to RMB63 Million for FY2025

Revenue for the year ended 30 June 2025 was RMB 63.36 million, compared to RMB 74.47 million in 2024. Revenue is recognized from the sales of crops at a point in time when control of goods is transferred to the customer, net of discounts. Cost of sales for 2025 was RMB 44.16 million, compared to RMB 50.44 million in 2024. Gross profit for 2025 was RMB 19.21 million, compared to RMB 24.03 million in 2024. Other income for 2025 totaled RMB 14.22 million, including interest income of RMB 1.64 million, rental income under operating leases of RMB 11.44 million, sundry income of RMB 1.13 million, and government grants of RMB 0.01 million. Other gains or losses, net, amounted to RMB 0.31 million in 2025, compared to a net loss of RMB 2.08 million in 2024. Selling and distribution expenses were RMB 9.07 million in 2025, compared to RMB 9.48 million in 2024. General and administrative expenses were RMB 39.19 million in 2025, compared to RMB 40.32 million in 2024. Loss from operations for 2025 was RMB 14.52 million, compared to RMB 13.33 million in 2024. Finance costs were RMB 0.18 million in 2025, compared to RMB 0.14 million in 2024. Loss before income tax for 2025 was RMB 14.70 million, compared to RMB 13.48 million in 2024. There was no income tax expense in 2025. Income tax expense for 2024 was RMB 0.45 million. Loss for the year was RMB 14.70 million in 2025, compared to RMB 13.92 million in 2024. Revenue from customers in Hong Kong was RMB 63.36 million in 2025 and RMB 74.47 million in 2024. Over 90% of the Group's non-current assets are principally attributable to the PRC.

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