Chinese Food: Revenue to grow by 2.7% in 2025, with soda category sales remaining stable

Ask AI · Why can the relaunch of the Qooler series boost juice revenue?

On March 24, China Foods released its full-year results announcement for the year ended December 31, 2025. It revealed that in 2025, the company recorded revenue of 22.07 billion yuan, up 2.7% year over year; gross margin of 37.1%; adjusted EBIT of 1.979 billion yuan, up 6.1%; and adjusted EBITDA of 2.872 billion yuan, up 5.5%.

By product category, during the year, the company’s revenue from both sweetened and no-sugar soda increased, with the no-sugar category recording high single-digit growth. In the company’s operating regions, the soda category’s market share was nearly 60%. Soda category volume remained stable year over year, while revenue grew by nearly 2%.

In addition, the company’s juice category overall volume and revenue saw a slight decline. During the year, the company completed the relaunch of its second juice brand, the “Qooler” series, rolling out products in multiple specifications in phases and adopting differentiated allocation strategies for different regions. The products were arranged for display and distributed according to channel characteristics, focusing on strengthening terminal reach in core channels, successfully contributing a significant incremental revenue increase for the juice category.

In addition, during the year, the company’s strategy adjustment for the water category led to an execution improvement for Ice Dew. The number of “Ice Dew” distribution outlets grew rapidly compared with the same period, with water category volume growing by double digits and revenue rising in parallel.

(Corporate announcement)