WANT WANT CHINA (00151) released its annual performance with a net profit attributable to shareholders of 4.336 billion yuan, an increase of 8.6% year-on-year.

WANT WANT CHINA (00151) released its annual performance for the year ending March 31, 2025, with revenue of 23.511 billion yuan, a decrease of 0.3% year-on-year; the company's equity holders' share of profits amounted to 4.336 billion yuan, an increase of 8.6% year-on-year; basic earnings per share were 36.71 cents; proposed final dividend of 2.04 US cents per ordinary share. The announcement stated that the group's gross profit margin for the 2024 fiscal year increased by 1.0 percentage points compared to the same period last year, reaching 47.6%. The decrease in cost of bulk raw materials and packaging materials consumption by certain units led to a rise in gross profit margin by approximately 1.4 percentage points, while the change in product structure brought about by diversified channels resulted in a slight decrease in the average unit selling price, affecting the gross profit margin decrease by about 0.4 percentage points year-on-year. In the second half of the 2024 fiscal year, the pressure on the price of milk powder use due to the rise in international bulk milk powder prices, but the gross profit margin still increased by 0.6 percentage points compared to the first half of the fiscal year, reaching 47.9%. The increase in gross profit margin led to a 1.8% increase in gross profit compared to the same period last year, reaching 11.1892 billion yuan.