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: Top-Line Growth Coupled With Margin Expansion; Maintaining Fair Value Estimate

Jacky Tsang

Apr 28, 2026

Haitian’s first-quarter revenue and net profit rose 9% and 11% year on year, respectively, fueled by robust Chinese New Year momentum across both retail and catering channels. Notably, emerging condiment categories outpaced soy and oyster sauce segments, signaling product diversification.

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Foshan Haitian Flavouring and Food Co Ltd Class A

Haitian Earnings: Top-Line Growth Coupled With Margin Expansion; Maintaining Fair Value Estimate

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