Vinpai Reports First Half 2026 Financial Results

Vinpai, a company specializing in functional ingredients from algae and plants, has released its financial results for the first half of 2026. Revenue for this period fell by 21.9% to €3,825k, primarily due to a sales halt in Algeria caused by the country's import control policy. This affected the Middle East and Africa revenues, which were down to €1,095k from €2,817k year-on-year. However, Europe saw an increase to €945k compared to €283k in the same period of 2025.

Gross profit declined to €1,467k, leading to a reduced gross margin of 38%. Operating expenses were reduced by 7%, resulting in an EBITDA of -€1,194,000. The company ended the period with a net loss of -€1,699k. Cash reserves stood at €350,000 as of September 30, 2026. Vinpai aims to restore growth while leveraging resources from its parent company, CAMLIN Fine Sciences Limited.