Snack and beverage maker Want Want China (0151) expects a 38 percent drop in profit for the three months ended 30 June 2026 from the same period last year, due to drop in revenue and a rise in operating expenses.
The company expects a decrease in revenue of 6 percent in the same period because of weakening market sentiment.
Traditional wholesale channels, which accounted for over half of the group’s total revenue, have been negatively impacted by a slowdown in sell-through momentum at end points of sale, causing a double-digit decrease in revenue.
