Tingyi (Cayman Islands) Holding Corp (00322) has released its interim results for the six months ended June 30, 2026, reporting a 1.1% increase in revenue to RMB 40.545 billion. The company's profit attributable to shareholders rose by 7.1% to RMB 2.433 billion, with basic earnings per share reaching RMB 0.4316.
In response to the dynamic and challenging market environment, the group has maintained a consumer-centric focus, advancing the high-quality development of its two core businesses: instant noodles and beverages. The management team has embraced the pioneering spirit of "Back to Day 1," driving organizational rejuvenation and faster decision-making to inject new momentum into growth. Strategically, the instant noodle business is concentrating on consolidating key products, capturing major taste segments, and nurturing innovative offerings, while the beverage business is focused on strengthening core products and developing innovation.
On the operational front, the group is prioritizing customer needs, leveraging data-driven insights and AI to enhance management efficiency. It is also revitalizing the organization through incentive mechanism reforms, aiming to build an efficient, agile, and sustainable growth system.
For the first half of 2026, the instant noodle segment generated revenue of RMB 13.733 billion, a 2.0% year-on-year increase, accounting for 33.9% of the group's total revenue. During the period, product mix adjustments led to a 2.5 percentage point improvement in the instant noodle gross margin to 30.3%, which in turn boosted the segment's profit attributable to shareholders by 5.5% to RMB 1.003 billion.
The beverage business recorded total revenue of RMB 26.541 billion for the first half of 2026, up 0.7% year-on-year, representing 65.5% of the group's total revenue. Through product mix adjustments, the beverage gross margin increased by 0.7 percentage points to 38.4%. This margin improvement drove a 10.7% rise in the beverage segment's profit attributable to shareholders, reaching RMB 1.478 billion.