HK Stocks Update | WL DELICIOUS (09985) Surges Over 6% with September Growth Exceeding 20% and Rapid Sales Growth of New Sesame Sauce Flavor

Stock News10-16

WL DELICIOUS (09985) has seen its stock price increase by over 6%, rising by 6.53% to HK$13.55, with a trading volume of HK$44.4098 million as of the time of this report. According to the latest news, China Merchant Securities noted that WL DELICIOUS experienced an overall growth rate exceeding 20% in September, with good growth in konjac products and a stabilization of spicy strip products. Western Securities highlighted that the konjac products of WL DELICIOUS are in a rapid growth phase, with classic flavors such as spicy, fragrant spicy, and sour spicy gaining traction in the market. The sales of the new sesame sauce flavor are also seeing a rapid increase, and the potential sales ceiling for individual products may exceed expectations. On the profitability front, the peak cost pressure of konjac powder has passed, and a downward cost cycle is expected to commence between 2025 and 2027. Furthermore, Western Securities pointed out that WL DELICIOUS has achieved comprehensive channel coverage, having established a "supplementary and assistive selling" channel model after multiple iterations that aid distributors in mutual growth. From the perspective of network coverage and terminal control, WL DELICIOUS ranks among the leaders in the snack industry, effectively empowering new product promotions through its channels.

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