U-PRESID CHINA (00220) saw its shares rise over 3% during the morning session. At the time of writing, the stock was up 3.91%, trading at HK$7.70, with a turnover of HK$8.48 million.
On May 7, U-PRESID CHINA announced that its first-quarter after-tax profit reached approximately RMB 737 million, representing a year-on-year increase of 22.46%. Huatai Securities noted that after excluding one-time gains (approximately RMB 73 million after tax), the after-tax profit still grew by 10.3%, demonstrating resilient performance. On the revenue side, overall revenue for the first quarter of 2026 increased by a mid-single-digit percentage year-on-year. Both the beverage and food segments reported mid-single-digit revenue growth, with the food business slightly outperforming the beverage segment. Revenue from the OEM business remained largely flat compared to the same period last year. The company is committed to maintaining stable pricing and leading product competitiveness in the market. Its operations are expected to remain steady, supported by a high dividend payout ratio (100% in 2025), making its dividend yield attractive.