Changes in Hong Kong stocks | Master Kong Holdings (00322) opened nearly 3% with profit attributable to mid-term shareholders of $2,433 billion, up 7.1% year-on-year

The Zhitong Finance App learned that Master Kong Holdings (00322) opened nearly 3% higher after the results. As of press release, it had risen 2.97% to HK$11.78, with a turnover of HK$1.083,800.

According to the news, on August 11, Master Kong Holdings announced its interim results for the six months ended June 30, 2026. The group obtained revenue of 40.545 billion yuan, an increase of 1.1% over the previous year; profit attributable to the company's shareholders was 2,433 billion yuan, an increase of 7.1% over the previous year; and the basic profit per share was 43.16 points.

The revenue of the instant noodle business in the first half of 2026 was 13.733 billion yuan, up 2.0% year on year, accounting for 33.9% of the Group's total revenue. During the period, the gross margin of instant noodles increased 2.5 percentage points to 30.3% year-on-year due to product restructuring. Driven by a year-on-year increase in gross margin, the profit attributable to the instant noodle business's shareholders in the first half of 2026 increased 5.5% year-on-year to 1.03 billion yuan.

The overall revenue of the beverage business in the first half of 2026 was 26.541 billion yuan, up 0.7% year on year, accounting for 65.5% of the Group's total revenue. The gross margin of beverages increased by 0.7 percentage points to 38.4% year-on-year through product restructuring during the period. Due to the year-on-year increase in gross margin, the profit attributable to the company's shareholders in the first half of 2026 increased 10.7% year-on-year to 1,478 billion yuan in the first half of 2026.