Wens Foodstuff Group (300498) Q2 2025 earnings summary

Executive summary

• Achieved revenue of ¥49.85 billion, up 5.91% year-over-year for the first half of 2025.

• Net profit attributable to shareholders rose 159.12% year-over-year to ¥3.47 billion.

• Pig sales volume increased 15.6% year-over-year, while chicken sales volume rose 9.16%.

• Pig segment profitability improved significantly due to higher sales and lower feed costs.

• Chicken segment faced losses as market prices remained below production costs.

Financial highlights

• Operating cash flow reached ¥6.47 billion, up 14.31% year-over-year.

• Basic EPS was ¥0.5252, up 159.36% year-over-year.

• Gross margin for the main breeding business was 13.54%.

• Total assets at period end were ¥90.77 billion; net assets attributable to shareholders were ¥42.11 billion.

• Non-recurring profit and loss items contributed ¥218.75 million to net profit.

Outlook and guidance

• Anticipates stabilization of poultry prices in the second half as supply moderates and demand improves.

• Will continue to optimize cost structure, expand slaughter and food processing, and strengthen brand marketing.

• Focus on risk management, digital transformation, and innovation to drive long-term growth.