CHINA FOODS (00506) released its interim results, reporting a net profit attributable to shareholders of 623 million yuan, an increase of 7.83% year-on-year.
China Foods (00506) announced its results for the six months ending June 30, 2026. During this period, the group achieved revenue of 12.763 billion RMB, an increase of 4% year-on-year; profit attributable to equity holders was 623 million RMB, a year-on-year increase of 7.83%; basic earnings per share were 22.28 cents.
CHINA FOODS (00506) announced its results for the six months ended June 30, 2026. During this period, the group achieved revenue of RMB 12.763 billion, representing a year-on-year increase of 4%; the profit attributable to the company's owners was RMB 623 million, an increase of 7.83% year-on-year; and the basic earnings per share were 22.28 cents.
The company is currently authorized to operate a range of Coca-Cola products across 19 provincial administrative regions, providing consumers with a total of 10 categories and 25 brands of products, including soft drinks, juices, water, dairy beverages, energy drinks, tea, coffee, functional nutrition drinks, sports drinks, and plant protein drinks.
In the first half of this year, the company continued to see growth in both sales and revenue: revenue reached RMB 12.763 billion, a year-on-year increase of 4.0%; despite pressure on average selling prices and rising costs of key raw materials, net profit still grew by 8.0% year-on-year to RMB 1.057 billion. The core bottling business is steadily progressing, and new retail platforms "COFCO Enjoy Club," smart retail businesses "COFCO Smart Fashion," and "Yuehuo" continue to deepen their omni-channel layout. The scale of the non-Coca-Cola product business is expanding rapidly; the nutritional health food business has completed the full chain construction of teams, products, channels, and industry-university-research collaboration, with a concentrated launch period for new products starting in July. The companys leading position in the non-alcoholic ready-to-drink (NARTD) industry has further solidified, as it steadily moves towards its vision of "becoming a world-class food and beverage group."
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