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中国淀粉发布中期业绩 股东应占溢利1.51亿元 同比减少29.47%

Core Viewpoint - China Starch (03838) reported a revenue of 5.115 billion RMB for the six months ending June 30, 2025, representing a year-on-year decrease of 9.4% [1] - The company's attributable profit was 151 million RMB, down 29.47% year-on-year, with basic earnings per share at 0.0254 RMB [1] Revenue and Profit Analysis - The decline in revenue was primarily due to a decrease in the average selling price of products and total sales volume [1] - The significant increase in the market price of corn kernels, a key raw material, contributed to the financial pressures faced by the company [1] Margin and Cost Pressure - The company experienced downward pressure on product prices and a substantial rise in raw material costs, leading to a reduction in gross profit [1] - The gross profit for the six months ending June 30, 2025, was 429 million RMB, compared to 507 million RMB in 2024 [1]