IFBH Warns of 60%–75% Slide in 9-Month 2026 Net Profit; Management Anticipates Full-Year Weakness

Bulletin Express10-23 17:21

IFBH Limited issued a profit warning indicating that unaudited consolidated net profit for the nine months ended 30 September 2026 is projected to contract by approximately 60% to 75% versus the same period in 2025.

Management attributes the profit deterioration to a dual setback:

1. Revenue Pressure • Constrained supply of coconut water, polyethylene terephthalate (PET) and other packaging inputs, largely due to global supply-chain disruptions and reduced coconut cracking volumes in Thailand. • Ongoing restructuring and optimisation of Innococo’s distribution channels. • Softer demand in the coconut-water segment amid heightened market competition.

2. Margin Compression • Elevated costs for coconut water and PET packaging materials squeezed gross profit margin during the period.

Looking ahead, the Board expects the negative trend to persist through the fourth quarter, leading to a lower full-year 2026 profit compared with 2025. To mitigate supply constraints, the Group is assessing alternative coconut-water sources in other countries and from additional suppliers.

The figures are based on management accounts and have not been audited or reviewed by the Company’s independent auditor. The audited results for FY2026 will be released in accordance with Hong Kong Listing Rules. Investors are advised to exercise caution when trading IFBH shares.

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