Nanquan Food: Revenue of 3.065 billion yuan in 2025, with baking application oils accounting for the highest proportion among the five major product series.

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On March 9th, Nanyou Food announced that in 2025, the company achieved operating revenue of 3.065 billion yuan, a year-on-year decrease of 2.99%; net profit attributable to shareholders was 40.6683 million yuan, down 79.81% year-on-year. This was mainly due to varying degrees of increase in the prices of major raw materials during the reporting period, leading to higher production costs. Additionally, the decline in the proportion of high-margin products such as baked application fats affected overall gross profit margin.

The announcement pointed out that during the reporting period, the company’s total main business revenue was 3.059 billion yuan, a 3.01% decrease compared to the previous year. The products are divided by application fields into five major series: baked application fats, light cream, dairy products, pre-baked goods, and fillings. The sales structure of these five series remained generally stable, with baked application fats accounting for the highest sales proportion, dairy products second, and light cream third.

Regarding regional distribution of product sales, the company’s five major series are sold across various regions within the country, mainly in South China, East China, and Central China, followed by North China, Southwest, and Northeast, with Northwest and overseas markets playing a supplementary role. This distribution is closely related to local dietary habits. Additionally, revenue proportions in each region remained stable, mainly due to established sales channels and consistent product quality. During the reporting period, gross profit margins declined in all regions, primarily because of the year-on-year increase in raw material prices, which raised production costs and caused a decrease in gross profit margin. The company continues to expand into overseas markets, with overseas operating revenue increasing by 13.41% year-on-year and sales proportion slightly rising. However, due to rising raw material costs, gross profit margin decreased by 3.43 percentage points year-on-year.

(Company Announcement)

(Edited by: Wang Can, Lin Chen)

Keywords: Food Nanyou Food

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