WH GROUP (00288) surged over 3%, gaining 3.35% to HK$7.72 by the time of writing, with a turnover of HK$141 million. The company reported its financial results for the nine months ended September 30, 2025, showing revenue of $20.477 billion, up 8.54% year-on-year, and net profit attributable to shareholders of $1.168 billion, an 8.05% increase. Basic earnings per share stood at 9.1 cents.

CCB International noted that WH GROUP delivered strong Q3 2025 performance, with revenue rising 7.9% YoY and operating profit up 1.8%. The robust sales momentum was driven by a 10.2% increase in pork sales, attributed to expanded distribution channels in China, and a steady 5.1% growth in packaged meat revenue, supported by price hikes in the U.S. and European markets.

However, the consolidated operating gross margin narrowed by 0.6 percentage points due to higher raw material costs in the U.S., a shift toward more cost-effective packaged meat products in China to meet consumer demand, and declining hog prices in Europe, which weighed on upstream profitability.