Qinqin Foodstuffs (01583) said its profit attributable to shareholders for the six months ended 30 June 2016 dropped 46.1% year-on-year to Rmb19.248 million.
The decrease was mainly attributable to the recognition of one-off listing expenses of about Rmb21.5 million by the Group during the first half of 2016.
Basic earnings per share were Rmb4 cents.
The revenue was Rmb618 million, a decrease of 10.2% from a year earlier.
Gross profit fell 7.5% year-on-year to Rmb281 million. The Group's gross profit margin increased to about 45.5% from 44.1%.
No interim dividend will be distributed.
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