Huabao International Holdings Limited (HKG:0336)

Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2018	FY 2017
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Mar 31, 2018	Mar 31, 2017
Condiment	832.27M	774.58M	754.06M	573.07M	676.48M
Condiment Growth	7.45%	2.72%	31.58%	-15.29%	34.53%
Tobacco Raw Materials	561.08M	486.63M	485.75M	475.08M	586.07M
Tobacco Raw Materials Growth	15.30%	0.18%	2.25%	-18.94%	-8.07%
Inter-Segment Revenue	-59.84M	-44.56M	-46.86M	-42.67M	-41.92M
Others	89.00K	509.00K	-	-	22.00K
Others Growth	-82.51%	-	-	-	-99.72%
Aroma Raw Materials	813.22M	799.31M	630.26M	929.62M	720.65M
Aroma Raw Materials Growth	1.74%	26.82%	-32.20%	29.00%	11.50%
Flavours and Fragrances and Food Ingredients	1.34B	1.36B	1.48B	1.89B	1.94B
Flavours and Fragrances and Food Ingredients Growth	-1.40%	-8.61%	-21.61%	-2.45%	-7.31%
Total	3.48B	3.37B	3.31B	3.83B	3.88B
Total Growth	3.30%	1.98%	-13.61%	-1.38%	0.74%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2018	FY 2017
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Mar 31, 2018	Mar 31, 2017
People's Republic of China (PRC)	3.48B	3.37B	3.31B	3.83B	3.88B
People's Republic of China (PRC) Growth	3.30%	1.98%	-13.61%	-1.38%	0.74%
Total	3.48B	3.37B	3.31B	3.83B	3.88B
Total Growth	3.30%	1.98%	-13.61%	-1.38%	0.74%

Source: S&P Global Market Intelligence.