On August 26, NONGFU SPRING rose 3.11% in regular trading, trading at 43.06 HKD/share, with turnover of approximately 36.88 million HKD.
On the news front, the company released its interim results on August 25, reporting H1 revenue of 29.718 billion yuan, up 16.0% year-over-year, and net profit of 8.887 billion yuan, up 16.6% year-over-year, beating market expectations. Gross margin improved 0.6 percentage points to 60.9%. EPS rose to 0.79 yuan from 0.677 yuan a year earlier.
By segment, the tea beverage business was the core growth engine, generating revenue of 13.122 billion yuan, up 30.1% year-over-year, now accounting for 44.2% of total revenue. The company noted it continued to expand its multi-specification product matrix and upgrade formulations toward healthier options. Packaged drinking water returned to growth with revenue of 9.641 billion yuan, up 2.1%, while juice beverages contributed 2.922 billion yuan, up 14.0%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)