Core Insights - In the first half of 2025, the company achieved operating revenue of approximately 45.87 million, a year-on-year decline of 2.68%, while net profit attributable to shareholders increased by 12.22% to about 8.69 million [1] Revenue Breakdown - The sales revenue from hybrid corn seeds was 42.72 million, down 5.12% year-on-year, primarily due to the earlier timing of the Lunar New Year in 2025, which led to a reduction in shipment volume in January [1] - The company did not realize sales revenue from traditional Chinese medicine seedlings and konjac seeds in the first half of 2025, attributed to the downtrend in these industries and a strategic focus on hybrid corn seed business [1] - Other business revenue increased by 56.37% year-on-year, mainly due to an increase in contract breeding area for external units, resulting in higher income from breeding services [1]
康农种业上半年增利不增收，杂交玉米种子营收下滑