Foshan Haitian Flavouring and Food Co Ltd Class A

603288: XSHG (CHN)
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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.

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