--- title: "NONGFU SPRING (9633) earned 31% more last year, with gross margin increasing to 60.5%" type: "News" locale: "en" url: "https://longbridge.com/en/news/280435441.md" description: "NONGFU SPRING announced its 2025 annual results, with core profit and revenue both showing double-digit growth, and the stock price rose by 11.59%. Total revenue increased by 22.5% to RMB 52.55 billion, with net profit attributable to the parent company rising by 30.9% to RMB 15.868 billion, and basic earnings per share increasing by 30.9% to RMB 1.411. The board of directors proposed a final dividend of RMB 0.99 per share, with total dividends amounting to RMB 11.134 billion, and the gross profit margin improved to 60.5%. The improvement in gross profit margin was influenced by the decline in raw material prices and optimization of e-commerce channels" datetime: "2026-03-25T08:14:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280435441.md) - [en](https://longbridge.com/en/news/280435441.md) - [zh-HK](https://longbridge.com/zh-HK/news/280435441.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280435441.md) | [繁體中文](https://longbridge.com/zh-HK/news/280435441.md) # NONGFU SPRING (9633) earned 31% more last year, with gross margin increasing to 60.5% NONGFU SPRING (9633.HK) announced its full-year results for 2025, with core profits and revenue recording strong double-digit growth, driving the stock price to surge 11.59% after the announcement, showcasing impressive performance. Financial data shows that the group's total revenue last year increased by 22.5% year-on-year to RMB 52.55 billion; the profit attributable to equity holders of the parent company surged by 30.9% year-on-year to RMB 15.868 billion; basic earnings per share also recorded a 30.9% increase, reporting RMB 1.411. In terms of dividends, the board proposed a final dividend of RMB 0.99 per ordinary share, with a total dividend amount reaching RMB 11.134 billion, providing substantial returns to shareholders. The gross profit margin performance was even more outstanding, rising from 58.1% in the same period of 2024, up 2.4 percentage points year-on-year to 60.5%. The group explained that the improvement in gross profit margin was mainly driven by two factors: first, the procurement prices of PET raw materials, cardboard packaging materials, and production raw materials such as white sugar have fallen, directly reducing overall production costs; second, the group has effectively stabilized the pricing order of the distribution system by optimizing the sales proportion of e-commerce channels, ensuring the overall profitability of distributors while supporting the long-term healthy development of the group ### Related Stocks - [Tianhong CSI Food and Beverage ETF (159736.CN)](https://longbridge.com/en/quote/159736.CN.md) - [China Merchants Guozheng Food and Beverage ETF (159843.CN)](https://longbridge.com/en/quote/159843.CN.md) - [ChinaAMC CSI Agriculture Theme ETF (516810.CN)](https://longbridge.com/en/quote/516810.CN.md) - [NONGFU SPRING (09633.HK)](https://longbridge.com/en/quote/09633.HK.md) - [Penghua CNI Grain Industry ETF (159698.CN)](https://longbridge.com/en/quote/159698.CN.md) - [ChinaAMC CSI Food & Beverage Sub-Industry ETF (515170.CN)](https://longbridge.com/en/quote/515170.CN.md) - [First Trust Indxx Global Agriculture ETF (FTAG.US)](https://longbridge.com/en/quote/FTAG.US.md) - [E Fund CSI Modern Agriculture Theme ETF (562900.CN)](https://longbridge.com/en/quote/562900.CN.md) - [Harvest CSI Grand Agriculture ETF (516550.CN)](https://longbridge.com/en/quote/516550.CN.md) - [First Trust Nasdaq Food & Beverage ETF (FTXG.US)](https://longbridge.com/en/quote/FTXG.US.md) - [Fullgoal CSI Agriculture Theme ETF (159825.CN)](https://longbridge.com/en/quote/159825.CN.md) ## Related News & Research - [Jefferies Adjusts Nongfu Spring's Price Target to HK$50.50 From HK$50, Keeps at Hold](https://longbridge.com/en/news/280598178.md) - [GRAINS-CBOT corn, soybean futures rally on USDA planting estimates, stocks data](https://longbridge.com/en/news/281224914.md) - [Nestle India to add new Maggi noodles production line at Sanand factory](https://longbridge.com/en/news/281379759.md) - [Russia stops ammonium nitrate exports for one month amid global supply crunch](https://longbridge.com/en/news/280301913.md) - [MIXUE Group Delivers Strong 2025 Revenue and Profit Growth on Franchise Expansion](https://longbridge.com/en/news/280259491.md)