Trade Want Want China Holdings Limited - 0151 CFD

Want Want China Company profile

About Want Want China Holdings Ltd.

Want Want China Holdings Limited is a Hong Kong-based investment holding company principally engaged in food-related businesses. The Company operates its businesses through four segments. The Rice Crackers segment is engaged in the manufacture and sales of sugar coated crackers, savory crackers and fried crackers. The Dairy Products and Beverage segment is engaged in the manufacture and sales of flavored milk, yogurt drinks, ready-to-drink coffee, juice drinks, sports drinks, herbal tea and milk powder. The Snack Food segment is engaged in the manufacture and sales of candies, popsicles and jellies, ball cakes, beans and nuts, among others. The Other Products segment is engaged in the manufacture and sales of wine and other products.

Financial summary

BRIEF: For the six months ended 30 September 2021, Want Want China Holdings Ltd. revenues increased 11% to RMB11.38B. Net income increased 7% to RMB2.09B. Revenues reflect Dairy Products & Beverages segment increase of 23% to RMB6.56B, Other Products segment increase of 77% to RMB70.6M. Net income was partially offset by Rice Crackers segment income decrease of 36% to RMB254.8M, Snacks Food segment income decrease of 17% to RMB578.6M.