HK Stock Market Move | VITASOY INT'L (00345) fell by nearly 3%, with a 6% decrease in mid-term income compared to the same period last year. Revenue from the mainland market dropped by 9%.

VITASOY INT'L (00345) fell by nearly 3%, reaching 6.48 Hong Kong dollars, hitting a new low since late October last year. As of the time of writing, it has dropped by 2.84% to 6.49 Hong Kong dollars, with a trading volume of 168.226 million Hong Kong dollars. On the news front, VITASOY INT'L announced yesterday its interim performance for the six months ending September 30, 2025, with revenue of 3.227 billion Hong Kong dollars, a decrease of 6% year-on-year; gross profit of 1.648 billion Hong Kong dollars, a decrease of 7% year-on-year; and net profit attributable to equity holders of the company of 172 million Hong Kong dollars, an increase of 1% year-on-year. The 6% decrease in revenue is mainly due to the weak market conditions affecting the company's business in mainland China, facing challenges in performance. The announcement pointed out that in the mainland China market, the growth rate of plant milk and tea products is slowing down, and consumers are now shifting from traditional retail channels to various online platforms, including social media platforms, instant e-commerce platforms, as well as membership-based stores and chain snack shops. Although the growth of the e-commerce platforms and chain snack shop channels, which the company is actively expanding, has not fully offset the impact of the slowdown in the traditional retail channels, resulting in an overall 9% decrease in revenue.