Foshan Haitian Flavouring and Food Co Ltd Class A

603288: XSHG (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Haitian Earnings: Lower Input Costs and Product Reforms Drove Outperformance; Raise Fair Value by 6%

Jacky Tsang

Mar 30, 2026

Foshan Haitian’s 2025 net profit increased by 11% year on year to CNY 7.04 billion, thanks to favorable input costs and strong volume growth that drove operating leverage. Fourth-quarter revenue grew at a double-digit rate despite the absence of Lunar New Year inventory stocking.

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Foshan Haitian Flavouring and Food Co Ltd Class A

Haitian Earnings: Lower Input Costs and Product Reforms Drove Outperformance; Raise Fair Value by 6%

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