# Meihua Bio Reports Its “Worst” Quarterly Results in Years; Chairman Says the Company Is in “Darkness Before Dawn”

> Meihua Bio reported a 96% year-over-year fall in third-quarter net profit, citing steep declines in feed-grade lysine and threonine prices alongside higher corn and coal costs. Management said lysine, threonine and MSG prices had edged up in October, while the company described the amino-acid industry as being near the bottom of its cycle.

- Date: 2026-11-10 · published 2026-11-11T00:17:52.619Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/92519-meihua-bio-reports-its-worst-quarterly-results-in-years-chairman-says-the
- Commodities: [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

Weak amino-acid prices reflect oversupply and pressure feed-ingredient sellers, while the reported October uptick may indicate some price stabilization. Higher corn costs also squeeze producers’ margins but do not, by themselves, establish a change in feed demand.

## Read by commodity

- LYSINE: bullish ▲

## Sources

- finance.ce.cn: http://finance.ce.cn/bank12/scroll/202611/t20261110_3290048.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.