Angel Yeast Co.,Ltd. (600298.SH) released its semi-annual report for the first half of 2026. During the period, the company achieved operating revenue of 9.187 billion yuan, representing a year-on-year increase of 16.30%. Net profit attributable to shareholders of the parent company stood at 881 million yuan, up 10.21% from the same period last year. Net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was 794 million yuan, a year-on-year increase of 7.02%. Basic earnings per share reached 1.03 yuan.
During the reporting period, the company continuously strengthened capacity allocation and production scheduling optimization. In the first half of the year, fermentation output reached 254,000 tons, a year-on-year increase of 11.6%. The company accelerated the transformation of its yeast protein production line, significantly increasing capacity and enhancing the supply capability for multiple specifications. Regular research, production, and sales coordination meetings were held to promptly address order production issues, successfully completing order fulfillment tasks for yeast protein, high-nucleic acid yeast extract, extracts, and glucan, with the order completion rate for leading products maintaining a high level.
Ongoing bottleneck improvements and capacity expansion were carried out. The capacity of seasoning emulsifiers was increased, and Dehong Company gained the capability to produce glucan, while the glucan production line at the Park Factory completed commissioning. During the reporting period, the company consistently strengthened its judgment of bulk raw material market trends, effectively controlling raw material procurement costs. It also continued to advance key cost-reduction measures, such as adjusting carbon source ratios, recycling thermal energy, and improving per-unit fermentation output, completing a number of technical transformation projects. The company vigorously promoted the application of new equipment and new technologies, carried out work to reduce wastewater from the drying of yeast metabolites, lowered environmental treatment costs, achieved significant cost savings, and continued to reduce comprehensive energy consumption. Additionally, it actively promoted the adoption of automation upgrades and efficient equipment, while implementing cost reduction and efficiency gains in the testing system.
Comments