According to the Zhitong Finance App, IFBH (06603) announced that net profit for the six months ended June 30, 2026 (reporting period) will decrease by about 65% to 75% compared to the same period in 2025.
According to currently available data, the Board believes that the expected decrease in net profit recorded during the reporting period is due to disruptions in the global supply chain due to heightened geopolitical tension, resulting in shortages in the supply of polyethylene terephthalate (PET), other packaging materials and coconut water, as well as an increase in the procurement costs of coconut water and packaging materials. The reduction in the supply of raw materials limited the Group's production schedule and product supply, while rising procurement costs affected the Group's gross profit margin, which in turn led to a decline in sales and profitability.
According to currently available data, the Group's revenue for the reporting period is expected to decrease by about 40% to 50% compared to the same period in 2025, and the Board believes that the expected decline is due to the shortage of PET, other packaging materials and coconut water described above, which limits the supply of products to distributors. Furthermore, against the backdrop of weak overall consumer sentiment in the coconut water category, the continuous restructuring and optimization of Innococo's distribution channels has yet to return to its operating capacity in 2024, further hampering sales performance. The decrease in net profit during the reporting period was due to a decline in sales during the reporting period, which led to a decrease in revenue and gross profit during the reporting period.