China's Chaoda Modern Agriculture annual revenue declines amid weak demand

Chaoda Modern Agriculture (Holdings)

29/09/2026 10:07

Overview
China vegetable grower's annual revenue declined year-over-year
Company reported a wider net loss for the year
Loss per share remained unchanged at RMB 0.09

Outlook
Company did not provide specific financial guidance or outlook for the coming periods in the press release

Result Drivers
WEAK HONG KONG DEMAND – Revenue fell 9% to RMB57 mln as subdued recovery, weak consumer sentiment and northbound spending diverted local food and beverage customers
HIGHER SELLING EXPENSES - Selling and distribution expenses increased to RMB 8.2 mln from RMB 9.1 mln
IMPAIRMENT LOSS - Co recorded impairment loss under expected credit loss model of RMB 3.2 mln

Company press release: Full Story

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
RMB 57.3 mln
 

Analyst Coverage
The stock recently traded at 0 times the next 12-month earnings vs. a P/E of 0 three months ago

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Press Release https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0929/2026092900720.pdf
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)