WANT WANT CHINA (00151) announces mid-year results. The company's equity holders' share of profit is approximately 1.717 billion yuan, a decrease of 7.8% year-on-year.

WANT WANT CHINA (00151) announced its interim financial results for the six months ending September 30, 2025, with a revenue of approximately 11.108 billion yuan, a year-on-year growth of 2.1%; the profit attributable to equity holders of the company is approximately 1.717 billion yuan, a year-on-year decrease of 7.8%; basic and diluted earnings per share are 14.55. In the first half of the 2025 fiscal year, the Group's total revenue was 111.078 billion yuan, a growth of 2.1% compared to the same period of the previous fiscal year, with sales volumes increasing by nearly double digits. Among them, the ice cream category in the leisure food sector saw double-digit growth. In the first half of the 2025 fiscal year, the Group continued to show strong performance in new channels such as e-commerce and OEM, with double-digit growth in revenue from the new channels; in addition, facing the rise of the new snack system, the Group actively responded by launching new products tailored to the needs of snack volume channel customers, which were well received by consumers, fully demonstrating the strategic effectiveness of the Group in response to rapidly changing market channels. In the first half of the 2025 fiscal year, the Group's overseas revenue grew in the low single digits year-on-year, with strong growth momentum in regions such as Japan and Africa. Meanwhile, in the first half of the 2025 fiscal year, the performance of new products from the Group was outstanding, accounting for a mid-double-digit percentage of the total revenue of the Group in the past five years, becoming an important engine for the Group's revenue growth. The Group's gross profit margin in the first half of the 2025 fiscal year decreased by 1.1 percentage points compared to the same period of the previous fiscal year to 46.2%. Although the unit cost of some bulk raw materials and packaging materials such as white sugar, gelatin, and kraft paper decreased, the rise in the unit costs of imported whole milk powder and palm oil offset the positive impact of the aforementioned decrease, leading to a decline in the Group's gross profit margin. At the same time, in the first half of the 2025 fiscal year, the Group's overall operating expenses (including distribution costs and administrative expenses) increased by 10.6%, mainly due to the internal organizational optimization and restructuring carried out by the Group in the second half of the 2024 fiscal year, resulting in increased promotion and advertising expenses for new channels and products.