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Bright Dairy & Food Co Ltd

6.93-17.4%1Y · CNY

Bright Dairy & Food Co., Ltd. develops, produces, and sells dairy products, breeds and cultivates dairy cows, and provides logistics and distribution services in China and internationally. Its product range includes fresh milk and yogurt, UHT milk and yogurt, lactic acid bacteria drinks, frozen desserts, cheese, butter, and milk powder for infants, middle-aged, and elderly people. The company was formerly known as Shanghai Guangming Dairy Co., Ltd. and changed its name to Bright Dairy & Food Co., Ltd. in 2003. Founded in 1911 and based in Shanghai, China, it is a subsidiary of Bright Food (Group) Co., Ltd.

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Bright Dairy's 2026 interim net profit was 251 million yuan, up 15.34% year on year

Bright Dairy released its 2026 interim report. Total operating revenue was 11.873 billion yuan, and net profit attributable to the parent company was 251 million yuan, up 15.34% from the same period last year. Net cash inflow from operating activities was 468 million yuan, up 12.10% year on year, marking a second consecutive year of growth. The company's asset-liability ratio was 44.11%, gross margin was 17.57%, return on equity was 2.58%, and diluted earnings per share was 0.18 yuan. Total asset turnover was 0.57 times, and inventory turnover was 3.22 times. The number of shareholders was 69,500, and the top ten shareholders held 56.92% of the total share capital.
600597.CG · Capital · Positive Net profit up 15.34% year on year, with operating cash flow growing for a second consecutive year.
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600597.CG

Lu Junfei appointed chairman of Bright Dairy, as major shareholder Bright Food Group welcomes first female leader

Bright Dairy announced that Lu Junfei, born in 1978, has been appointed chairman of the company, succeeding former chairman Huang Liming who resigned less than a month ago. Lu Junfei is a veteran of Bright Food, having previously served as deputy general manager of Bright Dairy, and later as chairman of Shanghai Sugar, Tobacco and Wine Group. Before returning, he was vice president of major shareholder Bright Food Group. This leadership change marks the near completion of the latest round of management reshuffle at Bright Food Group, which has six listed companies, five of them on the A-share market. Bright Food Group welcomed its first female leader, Xu Ziying, in early June. She previously served as chairman of Shanghai Lingang and president of Bailian Group.
600597.CG · Capital · Neutral Leadership change at Bright Dairy; new chairman appointed, but impact unclear without strategic details.
光明食品(集团)有限公司 · Capital · Neutral Bright Food Group undergoes management reshuffle with new female leader; impact on group strategy unclear.
上海市糖业烟酒集团 (Shanghai Sugar, Tobacco & Wine (Group) Co.) · · Neutral Shanghai Sugar, Tobacco and Wine Group's former chairman appointed to Bright Dairy; no direct impact on this entity.
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