HK Stock Market Move | Foshan Haitian Flavouring and Food (03288) rose more than 7%. The annual net profit increased by 10.95% year-on-year. Institutions pointed out that its upward trend is evident.

Foshan Haitian Flavouring and Food (03288) surged over 7%, reaching 7.56% at the time of release, with a price of 36.12 Hong Kong dollars and a turnover of 1.94 billion Hong Kong dollars. In terms of news, Foshan Haitian Flavouring and Food announced its performance for 2025, with operating income of 28.873 billion yuan, a year-on-year increase of 7.3%; among which, the main operating income of condiments was 27.399 billion yuan, a year-on-year increase of 9.04%. Gross profit was 11.366 billion yuan, a year-on-year increase of 16.9%; net profit attributable to the parent company was 7.038 billion yuan, a year-on-year increase of 10.95%; and the non-net profit attributable to the parent company was 6.845 billion yuan, a year-on-year increase of 12.81%. In the fourth quarter, the company achieved operating income of 7.245 billion yuan, a year-on-year increase of 11.38%, and net profit attributable to the parent company was 1.716 billion yuan, a year-on-year increase of 12.27%. The proposed final dividend for the period is 0.80 yuan per ordinary share. Huachuang Securities pointed out that in Q4 2025, the income from soy sauce/seasoning sauce/oyster sauce/special seasoning increased by +10.5%/+8.4%/+4.3%/+18.4% respectively year-on-year, showing a slight acceleration from the previous quarter and slightly exceeding expectations. The company has been clear in its upward trend in recent years, with stable financial statements and continuous enhancement of its corporate capabilities. In the medium to long term, the commercial model of condiments is excellent, and leading company Haitian continues to strengthen its position. It also promised a dividend plan for the next three years, committing to a dividend rate of no less than 80% of the net profit attributable to the parent company for 2026-2027. In a low-interest rate environment, it is worth paying more attention to certainty premiums.