Ge Long Hui·2025-08-27 04:15Core Viewpoint - Nongfu Spring (9633.HK) shares rose over 7% to HKD 50.45, reaching the highest level since March 2021 following the release of its financial results for the first half of 2025 [1] Financial Performance - The company reported revenue of CNY 25.622 billion for the first half of 2025, representing a year-on-year increase of 15.6% [1] - The net profit attributable to shareholders was CNY 7.622 billion, showing a year-on-year growth of 22.1% [1] - Basic earnings per share were CNY 0.677, up 22.0% compared to the previous year [1] Business Segment Analysis - The bottled water segment, which had previously faced challenges due to public sentiment, is gradually recovering, with revenue of CNY 9.443 billion in the first half of 2025, an increase of 10.7% year-on-year [1] - The tea and juice beverage segments showed strong growth, with profit margins continuing to improve, contributing to a stable and positive overall development in the beverage sector [1] - The company is expected to maintain a recovery trend in its bottled water business due to its strong brand, product, and channel influence [1] Analyst Rating - Guosheng Securities maintained a "Buy" rating for Nongfu Spring, reflecting confidence in the company's growth prospects [1]