Zhi Tong Cai Jing·2025-08-18 04:01Core Viewpoint - The report from Credit Lyonnais indicates that WH Group (00288) is expected to see a 10.4% year-on-year increase in operating profit for the first half of 2025, with an operating profit margin improvement of 1.4 percentage points [1] Financial Performance - Sales revenue is projected to grow by 8.9% year-on-year, marking the best performance since the second half of 2020 [1] - The operating profit per ton has reached a historical high, driven by rising pork prices in the U.S. and Mexico [1] Business Segments - The packaging meat products segment in the U.S. is expected to show positive growth in sales volume for the second quarter of 2025 [1] - In the Chinese market, the company is optimistic about its specialized category management, expansion into low-penetration areas, and reforms in packaging meat product sales channels [1] Management Guidance - The management has raised the operating profit guidance for the U.S. business for 2025 [1] - It is anticipated that the sales volume of packaging meat products in China will continue to improve [1]