WH GROUP (00288) saw its shares rise by 3.62% in early trading, reaching HK$7.73 with a turnover of HK$147 million.

The company reported its financial results for the nine months ended September 30, 2025. Excluding biological fair value adjustments, WH GROUP recorded revenue of $20.477 billion, an 8.54% year-on-year increase. Profit attributable to shareholders rose by 8.05% to $1.168 billion, with basic earnings per share at 9.1 cents.

CCB International noted that WH GROUP delivered strong Q3 2025 performance, with revenue growing 7.9% YoY and operating profit up 1.8%. The sales momentum was primarily driven by a 10.2% increase in pork sales, attributed to effective channel expansion in the Chinese market. Packaged meat revenue also saw steady growth of 5.1%, benefiting from price increases in the U.S. and European markets. However, consolidated operating gross margin contracted by 0.6 percentage points due to rising raw material costs in the U.S., a shift toward higher-value products in China's packaged meat segment, and declining hog prices in Europe affecting upstream profitability.