Core Viewpoint - The company reported a decrease in revenue and profit for the six months ending June 30, 2025, primarily due to intensified market competition and reduced consumer demand [1] Financial Performance - Revenue for the period was $184 million, a decrease of 0.48% year-on-year [1] - Profit attributable to shareholders was $7.598 million, down 8.8% year-on-year [1] - Basic earnings per share were 0.5 cents [1] - A mid-term dividend of 0.3 cents per share is proposed [1] Revenue Drivers - The decline in revenue is attributed to increased competition and a slowdown in consumer demand for the company's main product, monosodium glutamate [1] - Despite a decrease in raw material and energy costs compared to last year, market competition led to a decline in gross margin [1] - Sales and revenue from modified starch decreased due to oversupply in Thailand, although raw material prices fell, resulting in an increase in gross profit compared to the same period last year [1] - Demand for specialty products remained weak due to economic downturn and competition, leading the company to lower prices to maintain sales, resulting in a slight revenue decrease [1] - Hydrochloric acid revenue decreased due to weak market demand and declining average selling prices, despite a slight reduction in raw material and energy costs [1] - The company is actively developing other products in the feed sector to address market competition and low demand [1] - Revenue from other products, such as coffee and bulk ingredients, increased due to price rises and sustained demand [1]
味丹国际(02317)发布中期业绩，股东应占溢利759.8万美元，同比减少8.8%