H&H INTL HLDG (01112) achieved total revenue of approximately 3.17 billion yuan in the first quarter, a year-on-year increase of 10.4%.

H&H International Holdings (01112) announced that in the first quarter of 2025, it achieved a total revenue of approximately 3.17 billion yuan, representing a year-on-year increase of 10.4% (10.9% on a comparable basis). This was mainly driven by the performance recovery in the Mainland China market under the influence of the infant formula milk powder business, and positive growth was also seen in the core markets (Mainland China and North America) as well as other expansion markets. The adult nutrition and care products division saw a 3.2% growth on a comparable basis, mainly driven by the strong growth of 8.9% in Mainland China and sustained double-digit growth in other expansion markets. The infant nutrition and care products division regained momentum with a growth of 25.3%, driven by a 46.9% growth in the infant formula milk powder business in Mainland China. This was due to the continuing acquisition of new customers and market share expansion by the ultra-high-end division, as well as the full launch of a new national standard series, with a low base in the first quarter of 2024. The pet nutrition and care products division saw a 7.3% growth on a comparable basis, driven by continued growth in North America and recovery growth in Mainland China.