Changes in Hong Kong stocks | Dongpeng Beverage (09980) rose more than 4%, net profit due to mother increased 10.21% year-on-year in the first three quarters, and operations are expected to improve as the new fiscal year scenario recovers

The Zhitong Finance App learned that Dongpeng Drinks (09980) rose more than 4%. As of press release, it had risen 4.29% to HK$94.8, with a turnover of HK$165.121 million.

According to the news, on October 29, Dongpeng Drinks announced its results for the first three quarters of 2026. The group achieved operating income of 18.596 billion yuan in the first three quarters, up 10.4% year on year; net profit attributable to shareholders of listed companies was 4.145 billion yuan, up 10.21% year on year; and basic income per share was 5.7505 yuan. According to Guojin Securities, Dongpeng Beverage's 26Q3 gross margin/net margin was 45.7%/20.8%, respectively, +0.5pct/-1.9pct year-on-year, respectively. The increase in gross margin was due to excellent PET forecasting strategies, although short-term disruptions in the category structure led to a month-on-month decline.

Guojin Securities believes that with the restoration of the new fiscal year scenario, Dongpeng Drinks' energy drinks and water supplements are expected to recover steadily based on brand and channel advantages. Tea drinks will become the third curve driving revenue growth, compounded by expectations for overseas production, and the revenue side is expected to maintain steady growth. On the profit side, cost pressure still exists, and it is expected to be hedged through scale effects and narrowing promotional activities.