HK Stock Market Move | Eastroc Beverage (09980) rises over 4%; net profit attributable to shareholders for the first three quarters up 10.21% year-on-year; operations are expected to improve as business scenarios recover in the new fiscal year.

Eastroc Beverage (09980) rose over 4%, up 4.29% as of press time to HK$94.8, with turnover of HK$16.5121 million. On the news front, on October 29, Eastroc Beverage released its results for the first three quarters of 2026. The group recorded operating revenue of RMB18.596 billion for the first three quarters, up 10.4% year-on-year; net profit attributable to shareholders of the listed company was RMB4.145 billion, up 10.21% year-on-year; basic earnings per share were RMB5.7505. Sinolink noted that Eastroc Beverage's 26Q3 gross margin/net margin were 45.7%/20.8%, respectively +0.5pct/-1.9pct year-on-year. The gross margin improvement benefited from an excellent PET pre-pricing strategy, despite a short-term disturbance in category mix that led to a quarter-on-quarter decline. Sinolink believes that as business scenarios recover in the new fiscal year, Eastroc Beverage's energy drinks and hydration products are expected to stabilize and recover on the strength of brand and channel advantages, tea beverages have become the third curve driving revenue growth, and combined with overseas production expectations, revenue is expected to maintain steady growth. On the profit side, cost pressure remains, and is expected to be offset through economies of scale and narrowed promotional activities.