HK Stock Market Move | Anjoy Foods Group (02648) up more than 4%, with a year-on-year revenue growth of 19% in the fourth quarter of last year. The main business net profit margin is impressive.

Anjoy Foods Group (02648) rose more than 4%, up 4.16% as of press time, at HK$78.85, with a turnover of HK$1.57 billion. On the news front, Anjoy Foods Group released its 2025 annual performance, with the group achieving a total operating income of HK$16.193 billion, an increase of 7.05% year-on-year; net profit attributable to the company's shareholders was HK$1.359 billion. Looking at the fourth quarter of 2025 alone, the company achieved revenue of HK$4.822 billion, an increase of 19.05% year-on-year, and achieved a net profit attributable to the parent company of HK$410 million. Zhongtai stated that according to the latest annual report, after excluding the impairment impact of goodwill impairment, the company's main business operations are stable, overseas and customized layouts are continuously advancing, new and near-new products are performing well, the external competitive landscape is improving marginally, and the fundamentals are expected to continue to improve. Huatai believes that with the arrival of the peak season in 25Q4, the demand for channel-side inventory replenishment and weak recovery in dining demand jointly drive the recovery of demand in the frozen food industry on a month-on-month basis, with the net profit margin of the main business in 25Q4 increasing by more than 1 percentage point, and the single-quarter net profit margin of the main business exceeding 13%. Anjoy, as a leader in the frozen food industry, has strong revenue resilience, with steady progress in the sales of strategic single products such as locked-fresh packages, shrimp paste, and sausages. In addition, the company embraces customization and has achieved the transformation from traditional distribution to high value-added direct service.