Qinqin Foodstuffs published an annual results announcement for FY 2025, reporting revenue of RMB 911.46 million, down 8.5%. FY 2025 gross profit was RMB 249.65 million, down 11.5%, and gross margin was 27.4%, down 0.9 percentage points. Loss attributable to shareholders was RMB 2.24 million, and adjusted EBITDA was RMB 80.56 million, down 20.5%. Management attributed the revenue decline mainly to reduced sales through traditional channels, partly offset by higher sales to snack food chains, OEM manufacturing and exports, and also cited Chinese New Year timing effects. A final dividend of RMB 0.03 per share was proposed for FY 2025.
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