Qingdao Richen Food (603755.SH) announced its semi-annual report on August 21. During the reporting period, both the revenue and net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, achieved double-digit growth year-on-year. Specifically, the revenue was 187.4509 million yuan, a year-on-year increase of 15.16%; the net income attributable to shareholders of the listed company was 28.731 million yuan, a year-on-year increase of 20.68%; the net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 27.4267 million yuan, a year-on-year increase of 24.70%.
During the reporting period, the company focused on market demand, continuously strengthened its product research and development, and constantly enriched its product categories. With its strong R&D capabilities, the company achieved performance growth driven by innovation. During the reporting period, it sold over 1,800 products, with new products developed in the past three years accounting for over 50% of the sales.
