Chinese dairy products maker Feihe's half-year revenue edges up

China Feihe

26/08/2026 15:05

Overview
China dairy products maker's revenue for six months to June rose 2.3% yr/yr
Net income attributable to owners fell 16% yr/yr for the reporting period
Gross profit increased 2.9% yr/yr for the six-month period

Outlook
Company did not provide specific financial guidance or outlook for future periods in the press release

Result Drivers
INFANT FORMULA SALES – Revenue rose 2.3% to RMB9.36 bln, primarily due to higher sales of certain infant milk-formula series and other dairy products

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 9.36 bln
 
H1 Net Income Attributable
 
RMB 837.1 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for China Feihe Ltd is HK$4.10, about 25.6% above its August 26 closing price of HK$3.27
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

Reuters Recommended Reads
Aug 26 - China's Ausnutria Dairy H1 revenue falls; hurt by lower birth rate, competition
Aug 26 - China's YuanShengTai Dairy Farm H1 revenue rises, profit jumps on higher milk sales volume
Aug 25 - China's Youran Dairy swings to H1 profit amid improved demand

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)