南侨食品(605339.SH)：上半年净利润0.36亿元 同比减少72%

Core Viewpoint - The company continues to pursue its strategic goal of comprehensive layout in the baking, catering, and retail markets while facing challenges from macroeconomic conditions and raw material price fluctuations [1] Revenue Performance - In the first half of 2025, despite a slight recovery in consumer demand due to ongoing macroeconomic recovery, the company reported a revenue of 1.555 billion yuan, a minor decrease of 0.7% year-on-year [1] - The company is actively developing new products, expanding new channels, and acquiring new customers to create additional revenue streams and maintain stable income [1] Profitability Analysis - The net profit attributable to shareholders for the reporting period was 36 million yuan, reflecting a significant decrease of 72.0% year-on-year [1] - The company faced rapid increases in raw material prices since September 2024, leading to cost pressures; however, it has implemented measures such as product price adjustments and changes in product structure to mitigate the negative impact of rising costs [1]