VITASOY INT'L Reports 0.7% Increase in Interim Net Profit to HKD172M; Interim Dividend Remains Steady at HK4 Cents
Company Overview: VITASOY INT'L (00345.HK) has reported its interim results for the period ending September 2025.
Stock Performance: The company's stock has seen a slight increase of +0.030, representing a 0.442% rise.
Short Selling Activity: There has been short selling activity amounting to $1.17 million, with a short selling ratio of 13.250%.
Market Context: The financial results and stock performance are part of the broader market context for VITASOY INT'L.
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Market Performance: Hong Kong stocks showed slight movements on settlement date, with the HSI closing up 17 points at 25,945, while the HSCEI and HSTECH experienced minor fluctuations.
Top Gainers and Losers: ALI HEALTH was the biggest loser, dropping 5.6%, while POP MART emerged as the largest gainer, increasing by 6.8%.
Tech Stocks Update: Major tech companies like BABA-W and TENCENT saw declines of 2.7% and 1.3%, respectively, while XIAOMI-W gained 2.5% following a notable personnel change.
Sector Highlights: Chip stocks generally fell, while handset-related stocks like COWELL and Q TECH saw significant gains, indicating mixed performance across different sectors.

Revenue Decline: VITASOY INT'L reported a 9% year-over-year drop in mainland market revenue for 3Q25, with plant-based milk sales down 10% and tea sales up 5%, indicating a slowdown from previous double-digit growth.
Hong Kong Market Performance: The company's revenue in Hong Kong fell by 4%, impacted by weaker performance in its Vitaland unit, Macau operations, and US exports, despite some strong market performance.
Profit Forecast Revision: Macquarie has reduced its FY26-27 net profit forecasts for VITASOY INT'L by 16.3% and 13.3%, respectively, while also lowering the target price from HKD10 to HKD7.4.
Rating Status: Despite the downward revisions in profit forecasts and target price, Macquarie has maintained an Outperform rating for VITASOY INT'L.

VITASOY's Revenue Decline: VITASOY INT'L reported a 6.3% year-on-year decline in interim revenue, primarily due to weak market conditions in Mainland China, where plant milk sales dropped by 10% despite a 5% growth in tea beverages.
Price Adjustments: CFO Lan Hong Ng indicated that tea beverage prices in Mainland China were reduced by 10-15% last November, while soy milk prices remained stable with adjusted discounts; no further price changes are planned as current prices are competitive.
Interim Financial Performance: The company's interim net profit rose by 0.7% to HKD172 million, with an unchanged interim dividend of HK4 cents.
Share Buyback Confidence: Executive Chairman Winston Lo stated that the recent share buyback reflects the group's long-term confidence in its value, amid increased holdings by Philip Ng, brother of Chairman Robert Ng.

Company Overview: VITASOY INT'L (00345.HK) has reported its interim results for the period ending September 2025.
Stock Performance: The company's stock has seen a slight increase of +0.030, representing a 0.442% rise.
Short Selling Activity: There has been short selling activity amounting to $1.17 million, with a short selling ratio of 13.250%.
Market Context: The financial results and stock performance are part of the broader market context for VITASOY INT'L.





