<div id="readability-page-1"><h3>Claim 55% Off TipRanks</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks </li></ul>WH Group ( (HK:0288) ) just unveiled an update. Smithfield Foods, majority-owned by WH Group, reported unaudited U.S. GAAP financial results for the quarter ended 29 March 2026, showing sales of US$3.8 billion and net income attributable to Smithfield of US$246 million. The figures reflect modest year-on-year growth in revenue and profitability, with operating profit rising to US$333 million on slightly higher sales and lower selling, general and administrative expenses. WH Group noted that Smithfield’s results, prepared under U.S. GAAP, will differ from those in WH Group’s consolidated accounts, which are compiled under IFRS and include adjustment items. The disclosure gives investors an early view of the performance of WH Group’s key U.S. subsidiary, highlighting stable margins and incremental earnings improvement that may support the group’s overall financial profile once IFRS-based results are released. The most recent analyst rating on (HK:0288) stock is a Buy with a HK$11.80 price target. To see the full list of analyst forecasts on WH Group stock, see the HK:0288 Stock Forecast page. More about WH Group WH Group Limited is a leading global pork processor based in Hong Kong, with operations spanning hog production, fresh pork and packaged meats. Through its approximately 87% stake in U.S.-based Smithfield Foods, Inc., which is listed on the Nasdaq Global Select Market, the group has a significant presence in the American meat industry and international pork markets. Average Trading Volume: 30,015,889 Technical Sentiment Signal: Buy Current Market Cap: HK$135.9B For a thorough assessment of 0288 stock, go to TipRanks’ Stock Analysis page.</div>

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WH Group's Smithfield Foods reported Q1 sales of $3.8 billion and a net income of $246 million, reflecting modest year-on-year growth. Operating profit increased to $333 million due to higher sales and reduced expenses. The results, prepared under U.S. GAAP, indicate stable margins and earnings improvement, which may enhance WH Group's financial profile. Analysts rate WH Group (HK:0288) stock as a Buy with a price target of HK$11.80. WH Group, based in Hong Kong, holds an 87% stake in Smithfield, a major player in the U.S. meat industry.

WH Group’s Smithfield Unit Posts Higher Q1 Sales and Profit