Weizhixiang released its 2026 half-year report, showing first-half net profit attributable to the parent of 41.18 million yuan, up 28.9% year on year. Operating revenue was 345 million yuan, up 0.7% year on year. Net profit attributable to the parent after deducting non-recurring items was 33.14 million yuan, up 30.8% year on year. Net operating cash flow was negative 119 million yuan, down 10,347.8% year on year. Earnings per share were 0.2984 yuan. In the second quarter, operating revenue was 169 million yuan, down 0.2% year on year. Net profit attributable to the parent was 18.45 million yuan, up 48.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 14.26 million yuan, up 45.3% year on year. As of the end of the second quarter, total assets were 1.408 billion yuan, down 4.9% from the end of the previous year. Net assets attributable to the parent were 1.237 billion yuan, down 0.4% from the end of the previous year. The company said that, affected by industry policies, the prepared dishes sector is undergoing more standardized development. The company continues to advance the research, production, and sales of semi-finished dishes, and is building an omnichannel marketing matrix while deepening refined channel operations.
Suzhou Weizhixiang Food Co. Ltd.Net profit up 28.9% y/y, beating expectations
