Foshan Haitian Flavouring and Food Co Ltd Class A
603288: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.v$ | LOCK|wt? | LOCK|?XFYCt |
Haitian Earnings: Margin Holds as Growth Slows; Maintaining Fair Value Estimate
Haitian's second-quarter revenue rose 3% year on year to CNY 7.1 billion and operating profit rose 2% to CNY 2.1 billion. Vinegar, cooking wine, and compound seasonings drove most of the increase, while soy sauce, oyster sauce, and recipe sauce were all close to flat.
