Morning Light Biotech: Net profit of 364 million yuan in 2025, a year-on-year increase of 286.65%

Moringa Bio released a performance quick report. In fiscal year 2025, total operating revenue was 6.564 billion yuan, down 6.15% year over year. Net profit was 364 million yuan, up 286.65% year over year. Revenue and gross profit from its plant extract-related businesses increased year over year; the cottonseed-related business saw a decrease in trading volume. Although revenue declined year over year, as market conditions warmed up, product profit margins rebounded, turning loss into profit year over year, driving the company’s performance growth.

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