Haitian finds bitter taste in China’s restaurant slowdown
The country’s leading soy sauce maker’s revenue flattened in the third quarter, as sales for its core product contracted year-on-year Key Takeaways: Haitian reported its revenue was flat in the…
BRIEF: Agile sells seasoning products business for $33 million
Agile Group Holdings Ltd. (3383.HK) announced on Tuesday that its wholly owned subsidiary, Yaxin Investment, has agreed to sell its 21.16% stake in Guangdong PRB Bio-Tech Co. Ltd. to Guangdong…
BRIEF: Haitian Flavoring reports 2024 double-digit profit growth as it moves toward Hong Kong IPO
Foshan Haitian Flavouring and Food Co. Ltd. (603288.SH) last Thursday reported revenue and profit growth for 2024 amid a globalization drive to propel its business. The leading Shanghai-listed soy sauce…
Haitian looks for new financial flavor in Hong Kong IPO
China’s condiment king and leading soy sauce brand plans to use proceeds from the listing to fund its bid to bring its flavors to the world Key Takeaways: Haitian has…
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