Core Insights - H&H International Holdings (01112) reported a 12.0% year-on-year increase in total revenue for the nine months ending September 30, 2025, reaching RMB 10.805 billion, with a 12.3% increase on a like-for-like basis [1] Revenue Breakdown - All business segments recorded positive growth, with the high-margin nutritional supplements accounting for 64.5% of total revenue [1] - The vitamins, herbal and mineral supplements, and pet nutrition categories achieved revenue growth of 6.0% and 14.2% on a like-for-like basis, respectively [1] Segment Performance - The adult nutrition and care products segment grew by 5.2% on a reported basis and 6.0% on a like-for-like basis, driven by strong double-digit growth in mainland China and expanding markets [1] - The infant nutrition and care products segment accelerated its growth, with a 24.0% increase, primarily due to a 33.3% year-on-year growth in infant formula milk powder [1] - The infant probiotics and nutritional supplements business saw a reduced decline of 2.3%, with a return to strong double-digit growth in the last three months of the reporting period [1]
H&H国际控股前三季度总收入按呈报基准按年上升12.0%