China's Yihai International half-year revenue rises, profit improves on lower expenses

Yihai International Holding

25/08/2026 13:52

Overview
China condiment supplier's half-year revenue rose 14.3% yr/yr to RMB3.35 bln
Net profit attributable to owners grew 21.4% yr/yr
Gross and operating profit saw double-digit percentage increases

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

Result Drivers
REVENUE GROWTH - Co attributed half-year revenue increase to higher sales
MARGIN IMPROVEMENT - Gross profit margin rose as gross profit increased 29.8% yr/yr
EXPENSE CONTROL - Operating profit grew 27.1% yr/yr as distribution and administrative expenses rose more slowly than revenue

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 3.35 bln
 
H1 Net Income Attributable
 
RMB 375.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 1 "hold" and 1 "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 Yihai International Holding Ltd. is HK$18.60, about 21.2% above its August 25 closing price of HK$15.35
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
Aug 25 - China Foods H1 revenue rises on channel expansion, functional-drink growth
Aug 25 - Hong Kong's Nissin Foods half-year revenue rises
Aug 24 - China's Busy Ming Group H1 revenue surges amid store network expansion

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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.)