HK Stock Market Move | NONGFU SPRING (09633) opens more than 6% higher, with a year-on-year increase in net profit of 30% and a plan to distribute dividends exceeding 11.1 billion yuan.

NONGFU SPRING (09633) opened more than 6% higher. As of the time of writing, it has risen by 6.03% to 45 Hong Kong dollars, with a turnover of 546.818 million Hong Kong dollars. On the news front, on the evening of March 24, NONGFU SPRING announced its full-year performance for 2025, with total revenue of 52.553 billion yuan, an increase of 22.5% year-on-year, breaking through the 50 billion yuan mark for the first time; gross profit was 31.808 billion yuan, an increase of 27.7% year-on-year; the net profit attributable to the parent company was 15.868 billion yuan, an increase of 30.9% year-on-year. It plans to distribute a dividend of 0.99 yuan per share, totaling approximately 11.134 billion yuan. During the reporting period, the company's gross profit margin increased by 2.4 percentage points from the same period of the previous year to 60.5%, mainly due to the decrease in PET raw material purchase prices, as well as a decrease in the purchase costs of packaging materials such as cardboard boxes and raw materials such as refined sugar. At the same time, by controlling the proportion of e-commerce channel sales, the company has better stabilized the pricing order of the distribution system, ensuring the overall profitability stability of the distribution system and the healthy development of the group.