CHINA STARCH (03838) announced its interim results, reporting a loss attributable to shareholders of 14.678 million yuan, a turnaround from profit to loss year-on-year.
China Starch (03838) announced its performance for the six months ending June 30, 2026. During this period, the group achieved revenue of 5.022 billion yuan (RMB, the same unit below), a year-on-year decrease of 1.81%; the loss attributable to shareholders was 14.678 million yuan, shifting from profit to loss year-on-year; basic loss per share was 0.0025 yuan.
CHINA STARCH (03838) announced its results for the six months ended June 30, 2026, reporting revenue of 5.022 billion yuan (RMB, the same below), a year-on-year decrease of 1.81%; the loss attributable to owners of the company was 14.678 million yuan, turning from a profit to a loss; basic loss per share was 0.0025 yuan.
The announcement stated that during the review period, the Group's revenue fell to 5.022 billion yuan (2025: 5.114 billion yuan). Despite a weak market, the average domestic corn kernel price remained high and was up compared to the same period last year. Consequently, the Group faced dual profit pressures: a decline in market prices for its main product lines and a significant rise in the cost of raw material inputs.
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