Foshan Haitian Flavouring and Food Company (603288) Q1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 earnings summary
27 Apr, 2026Executive summary
Revenue for Q1 2026 reached RMB 9.03 billion, up 8.57% year-over-year.
Net profit attributable to shareholders was RMB 2.44 billion, a 10.97% increase year-over-year.
Operating cash flow was negative at RMB -467 million, compared to RMB -459 million in Q1 2025.
Financial highlights
Total assets at quarter-end were RMB 48.38 billion, down 7.29% from year-end 2025.
Shareholders’ equity rose 1.68% to RMB 42.02 billion.
Basic and diluted EPS were both RMB 0.42, up from RMB 0.40 year-over-year.
Gross margin improved as cost of sales grew slower than revenue.
Key financial ratios and metrics
Weighted average ROE was 5.97%, down 0.91 percentage points year-over-year.
Net profit margin increased due to higher revenue and controlled costs.
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