On November 27, Glorious reported that want want china's mid-term performance for the 2025 fiscal year was generally in line with expectations, with net income growing 8% year-on-year to 1.863 billion yuan, roughly aligning with the bank's forecast but slightly lower than market expectations, primarily due to revenue growth falling short of expectations, despite strong gross margin expansion. Revenue decreased by 4%, affected by a 10% drop in snack food business sales. The bank anticipates that want want china's sales will rebound in the third quarter of the 2025 fiscal year, mainly due to recent consumer stimulation measures; expansion of overseas channels; and collaboration with major snack specialty stores. The company plans to provide more marketing and distribution support to its dealers. The bank expects want want china to achieve sales growth of 1.6%, 2.5%, and 3.3% in their rice cake, dairy product, and snack food businesses, respectively, in the second half of the 2025 fiscal year, leading to a projected revenue growth of 2.4% for that period. The bank raised its target price from HKD 5.5 to HKD 5.8, maintaining an 'outperform market' rating.