益海嘉里金龙鱼食品集团股份有限公司2025年半年度报告摘要

Company Overview - The company reported a total operating revenue of 115.682 billion yuan, an increase of 5.67% year-on-year [4] - The net profit attributable to shareholders of the listed company was 1.756 billion yuan, representing a year-on-year growth of 60.07% [4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 1.389 billion yuan, showing a significant increase of 764.33% year-on-year [4] Revenue Breakdown - The increase in operating revenue was primarily driven by higher sales volumes in kitchen foods, feed raw materials, and oil technology products compared to the previous year [4] - Kitchen food sales grew due to the continuous expansion of sales channels and networks, as well as the release of capacity from new factories [5] - The profitability of kitchen foods improved significantly, mainly due to better performance in flour and rice businesses, attributed to a decrease in raw material prices and effective procurement and marketing strategies [5] Feed Raw Materials and Oil Technology - The overall sales and profits in the feed raw materials and oil technology segment also saw growth, driven by strong demand from the aquaculture market and the cost-effectiveness of soybean meal in feed formulations [6] - Profitability in the feed raw materials business increased significantly, influenced by tight domestic soybean supply at certain times and favorable procurement and sales strategies [6] Cash Flow - The net cash flow from operating activities increased by 793.97% compared to the same period last year, attributed to higher sales collections and changes in procurement timing and payment methods that reduced cash payments for purchased goods [7]