COFCO Sugar H1 2026 Revenue Falls 21%, Net Profit Up 37%
COFCO Sugar reported a 21.16% year-on-year decline in revenue to RMB 9.277 billion for the first half of 2026, while net profit attributable to shareholders rose 36.75% to RMB 608 million. Basic earnings per share stood at RMB 0.2844. The company attributed the revenue drop to lower sales volumes and selling prices of its main products.
COFCO Sugar has released its interim report for the first half of 2026. During the reporting period, the company recorded operating revenue of RMB 9.277 billion, down 21.16% year on year. Net profit attributable to shareholders of the listed company reached RMB 608 million, up 36.75% from a year earlier. Basic earnings per share were RMB 0.2844.
The company said the change in operating revenue was mainly due to a year-on-year decline in both sales volume and selling prices of its principal products.
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