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Honghui Fruit & Vegetable Q1-Q3 Net Profit Falls 77.66% to 2.41 Million Yuan

Honghui Fruit & Vegetable reported net profit attributable to shareholders of 2.4079 million yuan for the first three quarters of 2026, down 77.66% year-on-year. Revenue for the period fell 11.19% to 625 million yuan, while non-recurring net profit dropped 84.91% to 1.7075 million yuan. In the third quarter alone, revenue declined 11.41% to 207 million yuan and net profit swung to a loss of 2.7611 million yuan, down 171.62%.

Original source

AI take

The sharper signal here is not the headline decline but the third-quarter swing into loss, which suggests cost or margin pressure intensified rather than a one-off revenue dip. The deeper fall in non-recurring profit than in net profit implies the underlying operating business weakened more than the reported figure shows. For a produce-linked name, this matters to anyone tracking agricultural supply chains and the earnings quality of small listed operators. Whether the quarterly loss extends into the next reporting period is the open question.

Generated by AI for reference only.

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