Stock Movement | Nongfu Spring Rises Over 10% with 31% Increase in Last Year's Profits

SighingCashier · 2026-03-25T02:04:18+00:00

Nongfu Spring's profit last year increased by 31%, reaching 15.868 billion yuan, with earnings per share of 1.411 yuan and a dividend of 0.99 yuan. Revenue exceeded 5 billion yuan for the first time, reaching 52.553 billion yuan, driven mainly by growth in packaged drinking water and tea beverages. Gross margin rose to 60.5%, benefiting from lower raw material costs. The stock price also rose more than 10% accordingly.

SighingCashier

2026-03-25 02:04:18

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Nongfu Spring (09633) reported a 31% increase in profit last year, with the stock price rising over 10%, temporarily reaching a maximum of 11.6%, and a high of HKD 47.36.

As of 9:50 a.m., the stock was trading at HKD 47.2, up 11.2%, with a turnover of HKD 255 million.

The company announced that for the fiscal year ending December 2022, net profit was RMB 15.868 billion, up 30.89% year-on-year; earnings per share were RMB 1.411, with a final dividend of RMB 0.99.

During the period, revenue exceeded RMB 50 billion for the first time, reaching RMB 52.553 billion, an increase of 22.51% year-on-year; among which, packaged drinking water products generated RMB 18.709 billion, up 17.3%, accounting for 35.6% of total revenue; tea beverage products generated RMB 21.596 billion, up 29%, accounting for 41.1% of total revenue.

Gross profit margin increased by 2.4 percentage points to 60.5%, mainly due to a decrease in procurement prices for PET raw materials, as well as lower costs for packaging materials like cartons and raw materials such as white sugar.

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