HK Stock Market Move | TINGYI (00322) opened nearly 3% higher after earnings, with interim profit attributable to shareholders at 2.433 billion yuan, an increase of 7.1% year-on-year.

TINGYI (00322) opened nearly 3% higher following its earnings report and, as of the time of writing, has risen 2.97% to HK$11.78, with a transaction volume of HK$1.0838 million. On August 11, TINGYI announced its interim results for the six months ending June 30, 2026. The group achieved revenue of 40.545 billion yuan, an increase of 1.1% year-on-year; profit attributable to shareholders was 2.433 billion yuan, an increase of 7.1%; and basic earnings per share were 43.16 cents. In the first half of 2026, the instant noodles segment generated revenue of 13.733 billion yuan, a year-on-year increase of 2.0%, accounting for 33.9% of the group's total revenue. During the period, a product structure adjustment improved the gross profit margin of instant noodles by 2.5 percentage points year-on-year to 30.3%. Driven by the year-on-year improvement in gross profit margin, profit attributable to shareholders from the instant noodles segment increased by 5.5% year-on-year to 1.003 billion yuan in the first half of 2026. In the first half of 2026, the overall revenue of the beverage segment was 26.541 billion yuan, a year-on-year increase of 0.7%, accounting for 65.5% of the group's total revenue. During this period, product structure adjustments led to a 0.7 percentage-point year-on-year increase in the gross profit margin of beverages to 38.4%. Due to the year-on-year improvement in gross profit margin, profit attributable to shareholders from the beverage segment increased by 10.7% year-on-year to 1.478 billion yuan in the first half of 2026.