Huabao International FY26 H1 profit attributable to shareholders drops 11.7% to RMB 104.27 million; revenue rises 15.9% to RMB 1.88 billion

• Huabao International posted 1H 2026 profit attributable to shareholders of RMB 104.27 million, down 11.7%, with EPS at RMB 0.03.
• Revenue rose 15.9% to RMB 1.88 billion, while operating profit increased 17.4% to RMB 143.43 million.
• Gross profit climbed 8.8% to RMB 765.53 million, while gross margin narrowed 2.6 percentage points to 40.8%.
• Condiment revenue rose 29.9% to RMB 495.78 million, helped by a full half-year consolidation of Jiafu after its August 2025 acquisition.
• Proposed interim dividend was HKD 0.01 per share, with a proposed special dividend of HKD 0.04 per share.

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