U-PRESID CHINA Shares Climb Nearly 4% in Morning Trading on Strong Q1 Profit Growth

Deep News
May 08

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10