Haitian Flavouring reports Q3 growth, board approves strategic investments
Foshan Haitian Flavouring & Food Company Limited reported a 2.48% increase in Q3 2025 revenue to CNY 6,397,972,128.31 and a 3.40% rise in net profit attributable to shareholders to CNY 1,408,203,007.51. For the first nine months of 2025, total revenue grew by 6.02% to CNY 21,627,895,206.21, with net profit up 10.54% to CNY 5,322,208,031.39. Sauce, oyster sauce, and condiment paste categories all experienced revenue growth, with online sales up 32.11%.
The board of directors approved the Q3 2025 report and authorized the company to engage in property lease agreements, deemed fair and in the company's best interest after independent director review. Additionally, the board sanctioned up to CNY 10 bn in wealth management investments for 2025, utilizing idle funds to enhance capital efficiency.
The company has invested CNY 3.05 bn in low-to-medium risk wealth management products from various financial institutions. These investments, including fixed-income and mixed-asset products, aim to increase returns on idle capital without impacting core business operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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