China's Shineroad International posts interim net loss on fair value loss on equity investment

Shineroad International Holdings

14/08/2026 10:24

Overview
China food ingredients distributor's interim revenue rose 1.5% yr/yr to RMB321.6 mln, driven by growth in fruit juice sales
Gross profit for the period declined 8.3% yr/yr
Company posted RMB48.0 mln interim net loss, compared to profit last year

Outlook
Company did not provide specific financial guidance

Result Drivers
FRUIT JUICE PRICE FLUCTUATIONS - Co said the decrease in gross profit margin was mainly due to fluctuations in market prices for certain fruit juice products
FAIR VALUE LOSS ON EQUITY INVESTMENT - Co said the loss was primarily attributable to a non-cash fair value loss on the Group's equity investment

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 321.60 mln
 

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(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.)