HKFoods updates strategy, raises long-term financial targets

HKFoods announced on August 26, 2025, an updated corporate strategy and revised long-term financial targets. The company's core business will continue to center on pork, beef, and poultry meat, processed meat products, ready meals, and meal components.

The updated strategy outlines several key focus areas. These include achieving profitable growth within specific "food moments" such as simple everyday meals, enjoyable taste experiences, and nutritious snacks. The company also aims to enhance operational excellence through process automation and streamlining the entire value chain. Developing employee competence and well-being, alongside a sustainable value chain, are integral parts of the new strategy.

Alongside the strategic update, HKFoods has raised its financial targets. The targeted EBIT margin is increased to over 5 percent of net sales, up from the previous target of over 4 percent. The return on capital employed (ROCE) target remains above 12 percent. Additionally, the company aims to reduce its net gearing ratio to below 80 percent, down from below 100 percent, and increased its dividend payout target to over 50 percent of net profit, from over 30 percent previously.

HKFoods is pursuing growth opportunities both within its existing business and through strategic initiatives. The company's long-term vision is to be the most valued partner for food moments, creating sustainable, tasty, and nutritious solutions for consumers' evolving needs, in collaboration with customers, contract farmers, and other partners.