Yihai Kerry Arawana Holdings Co.,Ltd. recently released its 2025 half-year report, showing impressive performance with substantial net profit growth in the first half of the year, drawing attention to Executive Vice President Niu Yuxin.
According to the 2025 half-year report, the company achieved operating revenue of 115.682 billion yuan in the first half of the year, representing a 5.67% year-over-year increase. Net profits attributable to shareholders reached 1.756 billion yuan, a significant 60.07% surge compared to the same period last year, marking the best performance for the same period in the past three years and indicating a recovery in business performance.
From a product perspective, Yihai Kerry Arawana's core kitchen food business generated revenue of 71.551 billion yuan in the first half of the year, up 2.69% year-over-year, accounting for 61.8% of total revenue. The gross margin improved by 0.8 percentage points to 7.66%, maintaining its position as the company's primary revenue driver. The feed ingredients and oil technology business achieved revenue of 43.18 billion yuan, up 10.81% year-over-year, with gross margin increasing by 3.25 percentage points to 4.26%, showing more significant growth in both sales volume and gross margin.
The performance recovery is closely tied to the efforts of Executive Vice President Niu Yuxin. According to corporate records, Niu Yuxin was born in 1963 and studied at Shandong Grain School and Shandong Radio and Television University, earning an EMBA degree from Nanyang Technological University in Singapore in 2014. His career began in 1991 as Assistant General Manager and later Deputy General Manager at Shandong Jinan Oil & Fat Company. In 1998, he became General Manager of Kanghui Oil & Fat Company, followed by General Manager positions at Yihai (Yantai) Grain and Oil Industry Co., Ltd. in 2000 and Shanghai Yihai Enterprise Development Co., Ltd. in 2002. Since 2005, he has served in various roles including General Manager and Vice President, and currently holds the position of Executive Vice President.
Despite Niu Yuxin's extensive experience in agricultural products and food processing, his compensation has been gradually declining over the past five years. From 2020 to 2024, his compensation decreased from 12 million yuan to 11 million yuan, 10.12 million yuan, 9.96 million yuan, and 9.72 million yuan respectively, representing a cumulative reduction of 2.28 million yuan.
Although his compensation has declined for consecutive years, he still maintains one of the highest compensation levels among company executives, second only to President Mu Yankui.
Whether Yihai Kerry Arawana can maintain its growth momentum in the second half of the year remains to be observed.
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