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晴
晴也 (Zhou Ai)

Aug 26 at 08:05 AM

Forward to my space

D
Dolphin Research
Nongfu Spring: Bottled Water Slows, RTD Tea Sprints

Tea beverages continued to surge, with margins hitting new highs. Packaged water was largely flat and saw profitability slip. Overall, a solid headline, but the mix was weak.

农夫山泉 NONGFU SPRING
Nongfu Spring 1H26 Financial Results Overview Unit: CNY 100mn,RMB 1H21 2H21 1H22
Nongfu Spring Revenue & Profit Trend Unit:% Totalrevenue Net profit Revenue YoY
Packaged Drinking Water Revenue Trend Unit:% Unit: CNY 100mn DolphinResearch Res+9

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