Core Viewpoint - The company reported stable revenue and net profit for the six months ending June 30, 2025, indicating resilience in its financial performance despite market challenges [1]. Financial Performance - Revenue for the six months was 2.927 billion RMB, maintaining stability year-on-year [1]. - Net profit attributable to shareholders was 309.5 million RMB, slightly up from 308 million RMB in the same period last year, also showing stability [1]. Product Development and Sales Strategy - The company focuses on product development driven by market demand, utilizing multi-dimensional analysis of regional consumer characteristics and competitive market performance [1]. - Continuous improvement in product quality and optimization of R&D efficiency are emphasized to enhance overall R&D capabilities [1]. Product Performance Highlights - In the hot pot seasoning category, the beef tallow hot pot base and dipping sauce showed significant growth, with revenues of 225.5 million RMB (up 20.5%) and 186 million RMB (up 12.6%) respectively [1]. - In the compound seasoning category, fish seasoning and the 24-dish series also performed well, with revenues of 59 million RMB (up 15.1%) and 32 million RMB (up 17.5%) respectively [1]. - The home-cooked series in the convenience food segment saw a substantial increase in sales from 7.9 million RMB to 37.4 million RMB [1].

Investment Rating - The report maintains a "Buy" rating for the company, with expected net profits of 7.9 billion, 9.0 billion, and 10.2 billion for the years 2025 to 2027, representing year-on-year growth of 7%, 14%, and 12% respectively, corresponding to PE ratios of 18x, 15x, and 14x [4] Core Insights - The company reported a revenue of 2.927 billion yuan for the first half of 2025, a slight year-on-year increase of 0.02%, and a net profit attributable to shareholders of 309 million yuan, up 0.39% year-on-year, which aligns with expectations [1] - Revenue from related parties decreased by 12.68%, while revenue from third parties increased by 1.95%, and revenue from other restaurant clients surged by 131.75% in the first half of 2025 [2] - The company experienced a decline in gross margin to 29.55%, down 0.43 percentage points year-on-year, primarily due to cost-cutting pressures from related party clients [3] - The company is focusing on channel development and product innovation, aiming for double-digit revenue growth and recovery in profit margins [3] Financial Performance Summary - For the first half of 2025, the sales figures for hot pot base, Chinese compound, and convenient fast food were 1.683 billion, 492 million, and 709 million yuan respectively, with year-on-year changes of -3.70%, +8.22%, and +1.22% [2] - The company’s gross profit margin and net profit margin for the first half of 2025 were 29.55% and 10.57%, respectively [3] - The company’s operating income is projected to grow from 6.148 billion in 2023 to 8.456 billion in 2027, with a compound annual growth rate of approximately 9.87% [8] - The net profit is expected to increase from 853 million in 2023 to 1.016 billion in 2027, reflecting a growth rate of 12.49% [8]

颐海国际(01579.HK)发布截至2025年6月30日止6个月中期业绩，该集团期内取得收入29.27亿元(人民 币，单位下同)，同比增加0.02%;公司拥有人应占溢利3.09亿元，同比增加0.39%;每股基本盈利31.9分。 本文源自：金融界AI电报 ...

每经AI快讯，8月25日，颐海国际在港交所公告称，上半年实现营收29.27亿元，上年同期为29.26亿 元；上半年净利润3.09亿元，上年同期为3.08亿元。 （文章来源：每日经济新闻） ...

Group 1 - The core revenue for the first half of 2025 is RMB 2.9274 billion, showing stability compared to RMB 2.9269 billion in the same period last year [1] - Gross profit decreased by 1.4% to RMB 865 million [1] - Net profit attributable to shareholders remained stable at RMB 309.5 million, compared to RMB 308.3 million in the previous year [1] - Basic earnings per share remained stable at RMB 0.319 [1] - The company plans to declare an interim dividend of HKD 0.3107 per share, equivalent to RMB 0.2836 [1] Group 2 - The group achieved revenue of RMB 2.0637 billion in third-party business, representing a year-on-year growth of 6.5% [2] - The growth is attributed to improved product development mechanisms and refined channel management, along with an optimized supply chain supporting B-end and overseas business expansion [2] - In product development, the company focuses on meeting market demand, with sales teams analyzing regional consumption characteristics and competitor performance [2] - The company emphasizes continuous improvement in product quality and R&D efficiency, enhancing overall R&D capabilities [2] - Notable performance in various product categories includes: - Beef hot pot base revenue of RMB 225.5 million, up 20.5% [2] - Dipping sauce revenue of RMB 185.9 million, up 12.6% [2] - Fish seasoning revenue of RMB 58.8 million, up 15.1% [2] - 24 dishes series revenue of RMB 31.7 million, up 17.5% [2] - Home-cooked series revenue increased from RMB 7.9 million to RMB 37.4 million [2]

Group 1 - The company reported a revenue of 2.927 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 0.02% [1] - The profit attributable to shareholders was 309 million RMB, an increase of 0.39% year-on-year, with basic earnings per share of 31.9 cents [1] - Revenue from hot pot seasoning products decreased by 3.7% to 1.683 billion RMB, accounting for 57.5% of total revenue, primarily due to a 14.6% decrease in sales to related parties [1] Group 2 - Revenue from compound seasoning products increased by 8.2% to 492 million RMB, representing 16.8% of total revenue, with a significant 69.8% increase in sales to related parties driven by demand for new products [1] - Revenue from convenient instant food products rose by 1.2% to 709 million RMB, making up 24.2% of total revenue, with a 17.0% decrease in sales to related parties due to reduced demand for marinated foods [2] - Sales to third parties for both hot pot seasoning and compound seasoning products showed positive growth, indicating a shift in consumer preferences and demand [1][2]

颐海国际(01579)发布公告，将于2025年9月24日派发截至2025年6月30日止六个月的中期股息每股0.3107 港元。 ...

Core Insights - The company reported a revenue of 2.927 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 0.02% [1] - The profit attributable to the company's owners was 309 million RMB, an increase of 0.39% year-on-year, with basic earnings per share at 31.9 cents [1] Revenue Breakdown - Revenue from hot pot seasoning products decreased by 3.7% to 1.683 billion RMB, accounting for 57.5% of total revenue. Sales to related parties dropped by 14.6% due to reduced sales volume, while sales to third parties increased by 7.5% due to new product launches [1] - Revenue from compound seasonings increased by 8.2% to 492 million RMB, making up 16.8% of total revenue. Sales to related parties surged by 69.8% driven by demand for new products, while sales to third parties grew by 4.7% due to increased demand from B-end customers [1] Instant Food Products - Revenue from instant food products rose by 1.2% to 709 million RMB, representing 24.2% of total revenue. Sales to related parties decreased by 17.0% due to reduced demand for marinated foods, while sales to third parties increased by 3.5% due to the introduction of new home-cooking products [2]

智通财经APP讯，颐海国际(01579)发布公告，将于2025年9月24日派发截至2025年6月30日止六个月的中 期股息每股0.3107港元。 ...

EF001 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 其他信息 不適用 發行人董事 於本公告日期，本公司執行董事為施永宏先生、郭強先生、孫勝峰先生、舒萍女士及趙曉凱先生；本公司非執行董事為張勇先生； 以及本公司獨立非執行董事為崔勁女士、王新先生及李平女士。 第 2 頁 共 2 頁 v 1.1.1 免責聲明 EF001 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 頤海國際控股有限公司 | | 股份代號 | 01579 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年6月30日止六個月之中期業績 | | 公告日期 | 2025年8月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股 ...