Changes in Hong Kong stocks | Dongpeng Beverage (09980) fell nearly 4% in early trading, the core single product Dongpeng Specialty Drink had negative growth in the third quarter, and institutions indicated that sales may bottom out within the year

The Zhitong Finance App learned that Dongpeng Drinks (09980) fell nearly 4% in early trading. As of press release, it decreased by 3.87% to HK$99.3, with a turnover of HK$16.149,400.

According to the news, Dongpeng Beverage recently released results. Revenue for the third quarter was 6.153 billion yuan, up 0.75% year on year; net profit was 1,278 billion yuan, down 7.80% year on year and 20% month on month. It is worth noting that the revenue of energy drinks belonging to the core single product Dongpeng Special Drink fell 8.6% year-on-year during the period. This is a rare negative increase in a single quarter in recent years.

Galaxy Securities pointed out that in the short term, 26Q4 sales are already showing signs of bottoming out, and the outlook for 2027 begins at the end of the year; in addition, the company has locked the price of PET bottles throughout the year, and the 26Q4 cost pressure is still manageable. Although the company did not lock in the price of raw materials in 2027, it is still possible to partially hedge the cost pressure by reducing and promoting it.