Tingyi stock reports 2 percent noodle growth in first half

Published on 10/07/2026 at 02:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tingyi stock reported CNY 13.73 billion in first-half noodle revenue, up 2 percent year over year. Gross margin rose to 30.3 percent from 27.8 percent.

Tingyi, KYG8878S1030, Illustration mit AI erstellt.

Tingyi (ISIN KYG8878S1030) generated CNY 13.73 billion in instant noodle revenue in the first half of 2026, an increase of 2 percent from a year earlier. The figures show how product mix and pricing are supporting profitability even as traditional noodle volumes remain under pressure.

Margins improve in noodles

According to China Daily on October 2, 2026, Tingyi's noodle gross margin increased to 30.3 percent in the first half from 27.8 percent in the same period of 2025. That 2.5 percentage point improvement gives the revenue increase greater weight because the company converted modest sales growth into a stronger margin profile.

The premium bagged noodle business generated CNY 5.26 billion in first-half sales, while the mid-priced portfolio grew revenue by 7.8 percent, according to China Daily. The contrast between the 2 percent increase in the overall noodle business and the 7.8 percent growth in the mid-priced portfolio points to mix as a key operating lever.

Stock remains below yearly high

Tingyi stock was trading at HKD 11.48 on the Hong Kong Stock Exchange on October 6, 2026, at 11:57 a.m. HKT. The quote was up HKD 0.01, or 0.09 percent, from the previous close of HKD 11.47, while volume stood at 3.76 million shares.

The share price was 18.8 percent below the 52-week high of HKD 14.14 and 21.9 percent above the 52-week low of HKD 9.42 on the same date. This positioning leaves the market focused on whether margin gains can continue to offset the weaker volume backdrop described in the first-half industry review.

Cash generation meets valuation

Tingyi's market capitalization stood at HKD 64.7 billion on October 6, 2026. The company makes instant noodles, beverages and convenience foods, with its results increasingly tied to premium products and distribution efficiency rather than unit growth alone.

For investors, the central operating comparison is clear: noodle revenue increased 2 percent, while the mid-priced portfolio grew 7.8 percent and gross margin improved by 2.5 percentage points. The next signal is whether that product and margin mix can broaden beyond noodles into Tingyi's beverage business.

HKD 11.48 remains the reference level

Tingyi stock was last at HKD 11.48 on the Hong Kong Stock Exchange on October 6, 2026 at 11:57 a.m. HKT, with a market capitalization of HKD 64.7 billion.