WANT WANT CHINA (00151) announced its interim results for the six months ended September 30, 2025. Revenue reached approximately RMB 11.108 billion, marking a 2.1% year-on-year increase. However, profit attributable to equity holders declined by 7.8% YoY to RMB 1.717 billion, with basic and diluted earnings per share at RMB 14.55 cents.
In the first half of fiscal year 2025, the group's total revenue grew 2.1% compared to the same period last year, while sales volume rose by nearly double digits. Notably, the ice cream sub-category under the snack food segment achieved double-digit growth.
The group maintained strong performance in emerging channels such as e-commerce and OEM, with revenue from these channels posting solid double-digit growth. In response to the rise of new snack retail systems, the company proactively launched products tailored for snack wholesale channels, which were well-received by consumers, demonstrating its strategic adaptability to rapid market changes.
Overseas revenue saw low single-digit growth in the first half of fiscal 2025, with Japan and the India-Africa region showing particularly positive momentum. Additionally, new products introduced within the past five years contributed mid-double-digit revenue share, becoming a key driver of the group's growth.
Gross profit margin for the period fell by 1.1 percentage points YoY to 46.2%. While costs for certain raw materials like white sugar, gelatin, and base paper declined, rising costs for imported whole milk powder and palm oil offset these benefits, leading to the margin contraction.
Operating expenses (including distribution and administrative costs) increased by 10.6%, primarily due to higher promotional spending for new channels and products following the group's internal organizational restructuring in the second half of fiscal 2024.