WEILONG Delicious Global (9985) H2 2025 earnings summary

Executive summary

• Revenue grew 15.3% year-over-year to RMB7,223.8 million, with net profit up 33.6% to RMB1,427.3 million, driven by product innovation, omni-channel expansion, and enhanced operational efficiency.

• Gross profit margin remained stable at 48.0%, while net profit margin improved from 17.0% to 19.8% year-over-year.

• Major product mix shift: vegetable products revenue surged 33.7%, now 62.4% of total, while seasoned flour products declined 4.3%.

• Offline channels contributed 89.7% of revenue, with online direct sales up 26.1% year-over-year.

Financial highlights

• Revenue: RMB7,223.8 million (+15.3% YoY); Gross profit: RMB3,466.4 million (+14.9% YoY).

• Net profit: RMB1,427.3 million (+33.6% YoY); Basic EPS: RMB0.60 (+30.4% YoY).

• Distribution and selling expenses rose 14.1% to RMB1,171.4 million; administrative expenses fell 14.5% to RMB419.7 million.

• Net finance income increased 10.4% to RMB176.9 million; income tax expense up 22.3% to RMB602.9 million.

• Final dividend proposed at RMB0.17 per share; interim dividend of RMB0.18 per share paid in October 2025.

Outlook and guidance

• Plans to deepen multi-category product strategy, enhance R&D, and accelerate product innovation.

• Focus on omni-channel expansion, digital transformation, and supply chain upgrades to drive growth.

• Continued investment in brand building, talent development, and automation to sustain long-term competitiveness.