Core Viewpoint - China Starch (03838) experienced a significant decline of over 8% in its stock price, attributed to disappointing mid-term results for 2025, which showed a decrease in both revenue and profit [1] Financial Performance - The company reported a revenue of 5.115 billion yuan, representing a year-on-year decrease of 9.4% [1] - Profit attributable to shareholders was 151 million yuan, down 29.47% compared to the previous year [1] Market Conditions - The decline in revenue was primarily due to a decrease in the average selling price of the company's products and a reduction in total sales volume [1] - The price of corn kernels, a key raw material, has significantly increased, adding pressure on the company's cost structure [1] - The company faced challenges from both declining product prices and rising raw material costs, which adversely affected gross profit and profit margins [1]

Core Viewpoint - China Starch (03838.HK) reported a decline in mid-term performance, with revenue decreasing by 9.40% year-on-year to RMB 5.115 billion, and net profit attributable to shareholders dropping by 29.47% to RMB 151 million [1] Financial Performance - Revenue for the period was RMB 5.115 billion, a decrease of 9.40% compared to the previous year [1] - Net profit attributable to shareholders was RMB 151 million, down 29.47% year-on-year [1] - Basic earnings per share were RMB 0.0254 [1] Market Conditions - The decline in revenue was primarily due to a decrease in the average selling price of the company's products and a reduction in total sales volume [1] - The price of corn kernels, a key raw material, significantly increased during the period [1] Profitability Challenges - The company faced pressure from both declining product prices and rising raw material costs, leading to a reduction in gross profit [1] - These adverse changes have significantly impacted the company's profit margins [1]