Anjoy Foods Group Co., Ltd. (“Anjoy Foods”) released its 2026 Interim Report, detailing robust top-line and bottom-line growth for the six months ended 30 June 2026.
Revenue rose 21.9% year on year to RMB 9.27 billion, with principal-business sales up 21.8% to RMB 9.26 billion. Gross profit gained 26.1% to RMB 1.97 billion, lifting the gross margin by 0.7 percentage points to 21.2%. Net profit reached RMB 828.80 million, a 22.8% increase; profit attributable to shareholders amounted to RMB 822.09 million, up 21.6%, translating into basic earnings per share of RMB 2.48.
By product line, quick-frozen flavoured & processed foods remained the core growth engine, contributing RMB 4.75 billion (+26.4% YoY) or 51.3% of principal revenue. Quick-frozen prepared dishes delivered RMB 2.99 billion (+23.7%) and accounted for 32.3%, while quick-frozen flour & rice products slipped 4.5% to RMB 1.19 billion. The newly consolidated bakery segment added RMB 77.76 million.
Channel expansion continued: distributor sales grew 19.6% to RMB 7.23 billion (78.1% of principal revenue); new retail & e-commerce revenues surged 59.0% to RMB 926 million, now 10.0% of the mix; targeted enterprise sales reached RMB 644 million (+17.4%), and supermarket sales rose 7.8% to RMB 456 million.
Cash flow from operations turned positive at RMB 485.02 million (vs. a RMB 162.92 million outflow a year earlier), while capex totaled RMB 409.01 million. R&D spending increased 6.9% to RMB 42.69 million. The gearing ratio eased to 6.64% from 7.05% at end-2025.
The Board declared an interim dividend of RMB 1.733 per share (tax inclusive), equating to a distribution of RMB 575.58 million and a payout ratio of 70.01%. The record date for H-shareholders is 13 September 2026, with payment slated for 13 October 2026; the HKD equivalent is HK$2.0025 per H Share.
Strategically, the company elevated pork sausages to its third core segment, accelerated its halal food push through the new “Anzhai” brand, broadened its Southeast Asian footprint to over 130 export SKUs, and deepened digital integration via a partnership with Alibaba’s DingTalk.
Management forecasts sustained growth in China’s quick-frozen sector and commits to further product innovation, capacity expansion and overseas market penetration in the second half of 2026.