Hf Foods Group ( (HFFG) ) has released its Q2 earnings. Here is a breakdown of the information Hf Foods Group presented to its investors.
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HF Foods Group Inc., a prominent distributor of international foodservice solutions primarily to Asian restaurants across the United States, has released its financial results for the second quarter of 2025, showcasing significant growth and strategic advancements.
The company reported a record net revenue of $314.9 million, marking a 4.1% increase from the previous year, alongside a gross profit increase of 5.1% to $55.1 million. This growth is attributed to higher volumes and improved pricing in key categories such as Meat & Poultry and Seafood.
Key financial highlights include a 117% increase in net income to $0.5 million and a 31.1% rise in adjusted EBITDA to $13.8 million. The company’s gross profit margin also saw a slight improvement, reaching 17.5%. Despite an increase in distribution, selling, and administrative expenses, these costs decreased as a percentage of net revenue.
Looking ahead, HF Foods Group remains optimistic about its long-term strategy, focusing on expanding its geographic footprint and enhancing product capabilities. The company is actively exploring mergers and acquisitions to drive sustained growth and create long-term value for shareholders.