Qinqin Food: Sales Revenue of 911.5 Million Yuan in 2025, Will Actively Expand New Channels including Snack Brand Stores and Catering

LightningPacketLoss · 2026-03-20T16:32:15+00:00

Qinqin Food's announcement indicates that as of December 31, 2025, the group's sales revenue was approximately 911.5 million yuan, a decrease of 8.5% year-over-year. Although sales through traditional channels declined, growth in OEM and export businesses partially offset this decrease. The group's gross profit was 250 million yuan, with a net loss of 2.241 million yuan. In the future, the group will focus on product innovation and channel expansion to improve product quality and market position.

LightningPacketLoss

2026-03-20 16:32:15

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On March 18, QinQin Food announced that for the fiscal year ending December 31, 2025, the group’s total sales revenue was approximately 911.5 million yuan, a decrease of 8.5% year-on-year. The decline in revenue was mainly due to reduced sales through traditional sales channels, partially offset by growth in sales from the convenience food chain, OEM manufacturing, and export businesses.

During the reporting period, the group’s gross profit was about 250 million yuan, down 11.5% year-on-year; gross profit margin was 27.4%, a decrease of approximately 0.9 percentage points compared to the previous year. Additionally, the group recorded a net loss attributable to shareholders of approximately 2.241 million yuan, reversing from profit to loss.

Looking ahead, the group plans to seize new opportunities brought by consumer upgrades through continuous product innovation, adhere to a multi-category and high cost-performance product strategy, focus on improving product quality, optimize product mix, and strengthen the market position of key products. Meanwhile, the company aims to expand sales channels, consolidate existing distribution networks, develop export and OEM manufacturing businesses, and actively explore new markets such as snack brand stores and catering channels to increase market penetration.

(Company Announcement)

(Edited by: Wang Can, Lin Chen)

Keywords: Food

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