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Qiule Seed Industry: 2025 Net Profit of 12.5495 Million Yuan, Down 75.12% YoY
Qiu Le Seed Industry releases a performance quick report, with 2025 operating revenue of 332 million yuan, down 15.22% year-on-year. Net profit is 12.55 million yuan, down 75.12% year-on-year. Due to supply and demand in the corn seed market, competition among conventional homogeneous products is intense. During the reporting period, the company’s sales volume and selling prices of corn seeds both declined, leading to decreases in revenue and profit. The company, in accordance with the relevant provisions of the “Enterprise Accounting Standards,” considering market and industry conditions, and based on the prudence principle, conducted impairment tests on assets within the scope of consolidated financial statements as of December 31, 2025. Adequate impairment provisions were made for assets such as accounts receivable and inventories, further impacting net profit.