Hong Kong's Tsit Wing HY profit weighed down by higher coffee bean prices

Tsit Wing International Holdings

14/08/2026 12:21

Overview
Hong Kong beverage supplier's half-year revenue rose 4.7% yr/yr
Gross profit and net profit both declined from prior year period
Gross and net profit margins decreased compared to last year

Outlook
Company did not provide specific financial guidance or outlook for future periods

Result Drivers
HIGHER PRICES - The higher revenue was due to selling price adjustments for coffee products as coffee bean prices increased
COST OF SALES RISE - Gross profit and margins declined as coffee bean commodity prices rose

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$398.40 mln
 
H1 Profit
 
HK$23.7 mln
 

Analyst Coverage
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

Reuters Recommended Reads
Aug 13 - Hong Kong's Convenience Retail Asia interim revenue rises on wholesale bakery growth
Aug 12 - Wilmar posts higher HY profit on strong growth, flags uncertain operating environment
Aug 12 - Singapore's Alset International half-year revenue rises sharply on food and beverage business

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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.)