Yuehai Feed Forecasts H1 2026 Net Profit Up 966%-1,303% to RMB 38-50 Million

Yuehai Feed said it expects net profit attributable to shareholders to reach RMB 38 million to RMB 50 million in the first half of 2026, up 965.92% to 1,302.52% year on year, according to 36Kr. The company reported net profit of RMB 3.565 million in the same period a year earlier. Yuehai Feed said it pre-stocked and locked in key raw materials including fishmeal and high-protein plant proteins, helping it manage cost pressures from constrained fishmeal supply and higher oil prices. The company said this improved supply security, lowered production costs, and lifted gross margin year on year.