QinQin Foods Reports Annual Loss of 2.241 Million Yuan, Shifting from Profit to Loss Year-Over-Year

Stock News
Mar 18

QinQin Foods (01583) announced its full-year results for the fiscal year ended December 31, 2025. The group recorded revenue of 911 million yuan, a decrease of 8.5% compared to the previous year. The company's shareholders incurred a loss attributable to them of 2.241 million yuan, shifting from profit to loss year-over-year. Basic loss per share was 0.003 yuan, and the board proposed a final dividend of 0.03 yuan per share.

The decline in revenue was primarily due to reduced sales through traditional channels, partially offset by growth in sales to snack food chains, OEM manufacturing business, and export operations. The overall decrease in sales volume also led to diminished economies of scale, resulting in lower gross profit and a reduced gross profit margin.

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