Guolian Aquatic| Revenue decreased by 25%, net profit increased by 110%

On August 29, 2024, Guolian Aquatic (300094) released its 2024 semi-annual report, achieving operating income of 2.022 billion yuan in the first half of 2024, a year-on-year decrease of 25.02%; and achieving net profit of 17.5406 million yuan, a year-on-year increase of 109.41%.

The company has built and strengthened its "3+2+1" product structure through R&D and production process improvements. Specifically, during the reporting period, the company focused on increasing the production capacity of shrimp products centered on shrimp meat, shrimp paste, and shrimp dumplings, as well as fish products centered on pickled fish, paste-free fish fillets, and grilled fish.