Wugu Mill (01837) is expected to achieve net profit of about 150 million to 160 million yuan in the first half of the year, an increase of about 40%-50% year-on-year

According to the Zhitong Finance App, Grain Mill (01837) announced that the group is expected to achieve a net profit of about 150 million to 160 million yuan in the first half of 2026, an increase of about 40%-50% over the previous year. The increase in net profit was mainly due to: (1) effective implementation of business development strategies and a steady rise in overall revenue. In particular, the offline channel business, including supermarket counter business and offline shelf business, increased significantly compared to the same period last year; and (2) effective implementation of various budgets and cost control policies, which reasonably and effectively controlled sales and distribution expenses and general administrative expenses.