Ligao Foods (300973): Short-term pressure under high base; long-term outlook remains positive with strong growth of key products

Event: The company released its 2025 annual report and Q1 2026 report, reporting full-year 2025 revenue of RMB 4.354 billion, an increase of 13.51% year-over-year, and attributable net profit of RMB 305 million, up 13% year-over-year.

Pacific SecuritiesMay 29 07:47

Ligao Food (300973) 2025 Annual Report & 2026 Q1 Earnings Commentary: Revenue Channels Expand, Costs Front-Loaded

The company announced its 2025 annual report and Q1 2026 report. In 2025, total operating revenue reached 4.354 billion yuan (+13.51% year-on-year; all figures in this document are year-on-year); net profit attributable to shareholders was 305 million yuan (+1%).

Changjiang SecuritiesMay 12 00:00

Huachuang Securities: Favoring the leading dairy enterprises with full industrial chain advantages, focusing on domestic substitution and differentiated breakthroughs.

A domestic substitution space for dairy deep processing exceeding 40 billion yuan shows clear pathways for category expansion and B-end growth.

Zhitong FinanceMay 11 09:35

Ligao Food (300973): Recovery in the bakery distribution sector, impressive progress in new channel development, with a low start and high finish expected for the year.

Event: The company released its 2025 annual report and the first-quarter report for 2026. In 2025, the company achieved revenue of 4.354 billion yuan, representing a year-on-year increase of 13.51%; net profit attributable to shareholders reached 305 million yuan, marking a year-on-year growth of 13.71%.

Zhongtai SecuritiesMay 2 19:41

Ligao Food (300973): Whipping Cream Performs Remarkably; 1Q26 Revenue Faces Temporary Pressure

Performance Review: The company’s performance for 2025 and the first quarter of 2026 was slightly below our expectations. In 2025, the company achieved operating revenue of 4.354 billion yuan, representing a year-on-year increase of 13.51%; net profit attributable to shareholders was 305 million yuan, reflecting a year-on-year growth of 13.71%.

CICCMay 2 19:26

Ligao Food (300973) 2025 Annual Report and 2026 Q1 Earnings Review: Base Effect Pressure with Focus on Future Improvements

Event: The company released its 25-year annual report and 26-year Q1 report. In the 25-year period, the company achieved revenue of 4.354 billion yuan, representing a year-on-year increase of 13.51%. Net profit attributable to shareholders reached 305 million yuan, marking a year-on-year growth of 13.71%. Regarding the 26-year outlook...

Huachuang SecuritiesApr 30 18:36