ANJOY FOOD (02648) surged more than 8%, reaching HK$62.35 by the time of writing, with a trading volume of HK$65.64 million. The company reported its financial results for the first three quarters, achieving revenue of RMB 11.37 billion, up 2.66% year-on-year, and a net profit attributable to shareholders of RMB 949 million.

In the third quarter alone, revenue grew 6.61% YoY to RMB 3.77 billion, while net profit rose 11.8% YoY to RMB 273 million. Analysts noted that ANJOY FOOD has actively expanded into supermarket customization channels, achieving balanced growth across both B2B and B2C segments. Progress has been made in traditional supermarkets, regional chains, and retail discount stores, supporting market share expansion and economies of scale.

Additionally, the company demonstrated steady growth momentum, with gross and net profit margins improving year-on-year in Q3 2025, signaling a recovery in profitability. The fourth quarter is expected to show further sequential improvement.