AUSNUTRIA (01717) has reported a net loss attributable to equity holders of approximately RMB 705 million for the 2026 interim period, a sharp reversal from the profit recorded in the same period last year.

The company's interim revenue reached approximately RMB 3.163 billion, marking an 18.6% decrease year-on-year. Gross profit fell by 68.1% to around RMB 519 million, while the loss per share stood at RMB 39.67 cents.

According to the company's announcement, the revenue decline was primarily driven by one-off proactive operational adjustments during the period, coupled with the external factor of declining birth rates in China, which intensified industry competition.

The net loss was attributed to several adverse impacts: (i) one-off inventory-related adjustments that significantly dragged down the gross margin; (ii) non-cash asset impairments related to goodwill and other intangible assets, expensed under prudent management assessment principles to further enhance asset quality; and (iii) other one-off costs arising from the group's organisational structure optimisation and efficiency improvement initiatives.