HK Stock Market Move | WL DELICIOUS (09985) rises by more than 6% again, with overall growth exceeding 20% in September. The new sesame flavor is quickly gaining traction in sales.
Weilong Delicious (09985) rose by over 6% again, with a increase of 6.53% as of the deadline, reaching HK$13.55, with a turnover of HK$44.4098 million.
WL DELICIOUS (09985) rose more than 6%, up 6.53% to HK$13.55 as of press time, with a transaction volume of HK$44.098 million.
In terms of news, CMSC pointed out that Wai Loong's overall growth rate in September was over 20%, with good growth in konjac products and a halt in the decline of spicy strip products. Western believes that WL DELICIOUS konjac products are in a rapid growth stage, with classic flavors such as spicy, numb spicy, and sour spicy continuously penetrating the market, and sales of sesame paste new flavors climbing rapidly. The single product ceiling is expected to exceed expectations. In terms of profit, the peak pressure of konjac powder cost has passed, and it is expected to enter a cost decline cycle from 2025 to 2027.
Western continued to point out that on the channel side, WL DELICIOUS has basically achieved full channel coverage. After multiple rounds of iteration, it has formed a channel model of "subsidiary sales + assistant sales" to assist distributors in growing together. In terms of network coverage and terminal control, Wai Loong belongs to the top level in the snack industry, effectively empowering channels for new product promotions.
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