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Foshan Haitian, a top Chinese condiment firm, reports a 7.6% revenue rise and a 13.3% jump in net profit.
Foshan Haitian Flavouring and Food Co Ltd, a leading Chinese condiment company, reported strong first-half results with revenue up 7.6% to RMB15.23 billion and net profit up 13.3% to RMB3.91 billion.
Growth was driven by all four core segments: soy sauce, oyster sauce, seasoning sauces, and specialty condiments.
The company attributes its success to a strong brand, technological investments, and new product development in response to market trends.
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Foshan Haitian, una de las principales empresas chinas de condimentos, informa un aumento del 7,6% en los ingresos y un salto del 13,3% en las ganancias netas.