Nongfu Spring Co Ltd Class H Ordinary Shares

09633: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Nongfu Spring Earnings: Volume Expansion and Input Cost Tailwinds Drive Profit Growth

Jacky Tsang

Aug 27, 2025

Nongfu Spring reported first-half 2025 results with revenue and net profit growing 16% and 22% year on year, respectively, driven by strength in its ready-to-drink tea and juice segments. Margin expansion was supported by favorable input costs and operating leverage.

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Nongfu Spring Co Ltd Class H Ordinary Shares

Nongfu Spring Earnings: Volume Expansion and Input Cost Tailwinds Drive Profit Growth

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