Haitian acquired Amoy Food and Haitian stock yields 3.98 percent
Published on 10/12/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Foshan Haitian Flavouring and Food completed its acquisition of Amoy Food on September 11, 2026.
- First-half 2026 revenue reached CNY 16.15 billion, up 6.00 percent year over year.
- The stock carried a 3.98 percent dividend yield and a USD 27.5 billion market value as of October 1, 2026.
- Fourteen analysts tracked the company with an average 12-month target of CNY 40.18 as of October 1, 2026.
Foshan Haitian Flavouring and Food completed its acquisition of Amoy Food on September 11, 2026, while Haitian stock carried a 3.98 percent dividend yield as of October 1, 2026. Krugman Insights reported the completed purchase, and aktienscore listed the yield on October 1, 2026.
Three milestones shape the story
On August 26, 2026, the latest reported release showed quarterly revenue of CNY 7.12 billion and net income of CNY 1.75 billion, according to Investing.com. The same source listed diluted earnings per share of CNY 0.33 for that latest quarter, against a forecast of CNY 0.36.
On September 11, 2026, Haitian completed the purchase of all Amoy Food equity from Trustar Capital. On October 6, 2026, Asia Food Beverages reported that Amoy distributes products across more than 40 countries and that Haitian generated CNY 16.15 billion of revenue in the first half of 2026, up 6.00 percent year over year.
What does the acquisition add?
Amoy brings soy sauce, oyster sauce, seasoning sauces and frozen dim sum, along with distribution in markets including the United States, the United Kingdom, Australia, Canada and Japan. The combination gives Haitian an established overseas brand and channel network instead of relying only on organic expansion.
The first-half revenue comparison is positive, but the latest quarterly figures show a sharper earnings test: net income of CNY 1.75 billion stood below the CNY 2.44 billion reported for the previous quarter, while revenue declined from CNY 9.03 billion to CNY 7.12 billion on the same comparison shown by Investing.com.
Analysts and the next date
Aktienscore recorded an average 12-month target of CNY 40.18 from 14 analysts on October 1, 2026. The target had been reduced from CNY 40.68 over the preceding 30 days, a 1.23 percent cut, while 70 percent of tracked recommendations remained in the Buy category.
TradingView lists November 3, 2026 as the next financial reporting date for the Hong Kong-listed class.
Scale meets execution risk
Haitian's USD 27.5 billion market value and 3.98 percent dividend yield as of October 1, 2026 show the scale and income profile behind the stock. The Amoy deal now shifts attention to execution: the expected benefit depends on integrating production, procurement and overseas distribution without eroding the group's established profitability.
Haitian at a glance
- Company: Foshan Haitian Flavouring and Food Company Ltd.
- ISIN: CNE100001SL2
- Ticker: 603288
- Primary exchange: Shanghai Stock Exchange
- Market capitalization: USD 27.5 billion (as of October 1, 2026)
- Sector / Industry: Consumer Defensive / Packaged Foods
Market context: Market report Shanghai Composite.
