Lam Soon interim profit for six months fell 6.5% to HKD 176 million

Reuters
2 hours ago
<a href="https://laohu8.com/S/LRCX">Lam</a> Soon interim profit for six months fell 6.5% to HKD 176 million

Lam Soon, the Hong Kong-listed food and home care products maker, reported revenue of HKD 2.669 billion for H1 ended 31 December 2025 (-0.4%), with gross profit of HKD 613 million (-3%) and profit for the period of HKD 176 million (-6.5%). Gross profit margin narrowed to 23% (down 0.6 percentage points). Basic earnings per share were HKD 0.75 (-6%). Cash and deposits were HKD 1.965 billion as at 31 December 2025 (+2.6%), and total equity was HKD 3.269 billion (+4%). The company declared an interim dividend of HKD 0.15 per share, payable on 25 March 2026 (record date: 12 March 2026). In the Food segment, revenue was HKD 2.174 billion (-1.7%) and operating profit was HKD 184 million (-5.5%), with Lam Soon citing raw material cost inflation and targeted pricing incentives, while noting supportive bran prices and cost-saving initiatives. In Edible Oil, the group highlighted packaging upgrades in Chinese Mainland and new Knife-branded products, including the Zero Trans-Fat series in Hong Kong and aromatic low-erucic-acid rapeseed oil in Chinese Mainland. The Home Care segment posted revenue of HKD 495 million (+5.7%) but operating profit fell to HKD 40 million (-27%), which the company attributed mainly to higher raw material costs and temporary supply disruptions alongside increased marketing and new product development investment; it also said it has started groundwork for a new Home Care manufacturing facility in Conghua, Guangzhou, targeted for commissioning in FY2026/27. Capital expenditure was HKD 86 million in H1 (2024: HKD 33 million).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lam Soon (Hong Kong) Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260225-12029794), on February 25, 2026, and is solely responsible for the information contained therein.

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