Investment Rating - The report maintains an "Outperform" rating for the company [2] Core Insights - The company reported a strong revenue growth of 37.2% year-on-year for H1 2025, achieving a total revenue of 359 million yuan, with a net profit of 41 million yuan, reflecting a 23.0% increase [5][8] - The company is actively exploring new markets and applications for konjac, with significant growth in konjac food products, particularly konjac balls, which saw a 58.0% increase in revenue [8] - The company is focusing on enhancing its product offerings and expanding its customer base both domestically and internationally, particularly in Europe, Southeast Asia, and South America [8] Financial Data and Profit Forecast - The company expects total revenue to reach 790 million yuan in 2025, with a year-on-year growth rate of 28.1% [7] - The projected net profit for 2025 is 98 million yuan, with a growth rate of 12.5% [7] - The gross margin is expected to stabilize around 23.6% in 2025, with a return on equity (ROE) projected at 14.3% [7][8]
一致魔芋（839273）：收入延续较好增长，积极探索魔芋新市场新应用