Leading bottled water brand Nongfu Spring Co. Ltd. (9633.HK) reported on Tuesday that its revenue rose 22.5% year-on-year to 52.55 billion yuan ($7.62 billion) in 2025, while its profit rose 30.9% to 15.87 billion yuan.
The company said its packaged drinking water segment rebounded, as full-year revenue rose 17.3% to 18.7 billion yuan. Its tea beverage sales jumped 29% to 21.6 billion yuan, while functional beverages rose 16.8% to 5.76 billion yuan, and juice beverages grew 26.7% to 5.18 billion yuan.
Nongfu debuted its natural drinking water, its “East Leaf” sugar-free tea beverages, and its “Tea π” fruit-flavored tea line in Hong Kong last year, followed by their entry into Singapore in November, as it moved ahead with its global expansion. The company said it plans to explore additional overseas markets, aiming to unlock new growth avenues.
Shares of Nongfu Spring opened up 6% at HK$45 on Wednesday. The stock is down 20% from its 52-week high.
By Lau Chi Hang
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