China Tobacco International (HK) Announces FY2025 Results: Revenue Reaches HK$14.58 Billion, Up 11.5% Year-on-Year

Mar.06
China Tobacco International (HK) Announces FY2025 Results: Revenue Reaches HK$14.58 Billion, Up 11.5% Year-on-Year
China Tobacco International (HK) Company Limited announced its audited results for the year ended December 31, 2025. Revenue was HK$14.58 billion, profit before taxation was HK$1.28 billion, and profit attributable to owners of the Company was HK$0.98 billion, with basic and diluted EPS of HK$1.42. The Board proposed a final dividend of HK$0.33 per share; together with an interim dividend of HK$0.19 per share, the full-year dividend totaled HK$0.52 per share.

Key Takeaways

 

  • Performance growth: FY2025 revenue was HK$14.58 billion (+11.5%), and profit for the year was HK$1.05 billion (+15.9%).
  • Profit distribution: A final dividend of HK$0.33 per share was proposed; the full-year dividend totaled HK$0.52 per share (HK$0.45 in 2024).
  • Import-driven business: Tobacco leaf import revenue was HK$9.54 billion, with gross profit of HK$0.77 billion, making it the Group’s largest revenue source.
  • Export performance: Cigarette export revenue was HK$1.67 billion with gross profit of HK$0.38 billion; new tobacco products export revenue was HK$0.06 billion.
  • Scale metrics: Full-year tobacco leaf imports were about 110.83 thousand tonnes, tobacco leaf exports about 86.05 thousand tonnes, and cigarette exports about 3.23 billion sticks.

 


2Firsts, March 6, 2026 

 

According to a disclosure on Hong Kong Exchanges and Clearing Limited, China Tobacco International (HK) Company Limited (China Tobacco International (HK) Company Limited, stock code: 6055) announced the Group’s audited consolidated financial results for the year ended December 31, 2025.

 

China Tobacco International (HK) Announces FY2025 Results: Revenue Reaches HK$14.58 Billion, Up 11.5% Year-on-Year
China Tobacco International (HK) Company Limited announces results for the year ended December 31, 2025 | Image source: China Tobacco International (HK) Company Limited

 

The announcement showed:

 

  • FY2025 Group revenue was HK$14.58 billion (2024: HK$13.07 billion), up 11.5% year-on-year;
  • Gross profit was HK$1.47 billion (2024: HK$1.38 billion);
  • Profit before taxation was HK$1.28 billion (2024: HK$1.12 billion);
  • Profit for the year was HK$1.05 billion (2024: HK$0.90 billion);
  • Profit attributable to owners of the Company was HK$0.98 billion (2024: HK$0.85 billion);
  • Basic and diluted earnings per share were HK$1.42 (2024: HK$1.23).

 

Regarding dividends, the Board proposed a final dividend of HK$0.33 per share for the year ended December 31, 2025. Together with the interim dividend of HK$0.19 per share already paid, the full-year dividend amounted to HK$0.52 per share. The Company disclosed that, to determine entitlement to the proposed final dividend, the register of members will be closed from June 4, 2026 (Thursday) to June 9, 2026 (Tuesday) (both days inclusive). The final dividend is expected to be paid on or around June 26, 2026 (Friday).

 

By business segment, the Group disclosed five reportable segments: tobacco leaf products export, tobacco leaf products import, cigarette export, new tobacco products export, and Brazil operations.

 

By segment revenue:

 

  • Tobacco leaf products import revenue in 2025 was HK$9.54 billion;
  • Tobacco leaf products export was HK$2.48 billion;
  • Cigarette export was HK$1.67 billion;
  • New tobacco products export was HK$0.06 billion;
  • Brazil operations were HK$0.83 billion.

 

The operational review disclosed:

 

  • Tobacco leaf products import volume was 110,827 tonnes, with gross profit of HK$0.77 billion;
  • Tobacco leaf products export volume was 86,054 tonnes, with gross profit of HK$0.16 billion;
  • Cigarette export volume was 3,228,031 thousand sticks, with gross profit of HK$0.38 billion;
  • New tobacco products export volume was 372,150 thousand sticks, with gross profit of HK$3.41 million;
  • CBT (China Brasil Tabacos Exportadora S.A.), a non-wholly owned subsidiary under China Tobacco Brazil, exported 30,295 tonnes of tobacco leaf products to markets outside China, with gross profit of HK$0.16 billion.

 

The Company also disclosed that the annual general meeting is scheduled to be held on May 29, 2026 (Friday).

 

Cover image source: China Tobacco International (HK) Company Limited

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Elf Bar Vape Explosion and Amputation Claim Spurs Coverage Suit, U.S. Insurer MUSIC Seeks Ruling It Owes No Duty to Defend or Indemnify Distributor i5
Elf Bar Vape Explosion and Amputation Claim Spurs Coverage Suit, U.S. Insurer MUSIC Seeks Ruling It Owes No Duty to Defend or Indemnify Distributor i5
Mesa Underwriters Specialty Insurance Company has asked a federal court in Washington to declare that it has no duty to defend or indemnify vape distributor i5 Distribution in a product liability case involving an Elf Bar BC5000. The plaintiff alleges that the disposable vape caught fire and exploded in his pocket, causing severe burns and ultimately requiring an above-the-knee amputation of his left leg. MUSIC is relying on a tobacco, nicotine or nicotine replacement products exclusion and a premises limitation endorsement. The court has not ruled on the coverage dispute.
News
Sep.10
Russia Adds Vapes to “Strategic Goods” List, Illegal Cross-Border Trade Faces Up to Five Years in Prison
Russia Adds Vapes to “Strategic Goods” List, Illegal Cross-Border Trade Faces Up to Five Years in Prison
Russia will place e-cigarettes and related nicotine products under its “strategic goods” framework from August 20, 2026. According to TVP World’s report published on August 19, the newly listed items include e-cigarettes, electronic smoking devices, vape liquids and nicotine salts. Individuals who illegally move these products across Russia’s customs border or its state border with other Eurasian Economic Union (EAEU) members could face up to five years in prison if shipment values exceed 100,000 rubles (about €1,000), provided all elements of a criminal offence are established.
Aug.20
PMI Expands U.S. ZYN Portfolio With New 1.5 mg and 8 mg Strengths, Moves Toward a Unified 20-Pouch-Per-Can Format
PMI Expands U.S. ZYN Portfolio With New 1.5 mg and 8 mg Strengths, Moves Toward a Unified 20-Pouch-Per-Can Format
Philip Morris International is expanding its U.S. ZYN nicotine pouch portfolio with new 1.5 mg and 8 mg strengths and plans to move its core 3 mg and 6 mg dry-pouch products from 15 to 20 pouches per can in the fourth quarter of 2026. ZYN ULTRA is also commercially available, with FDA authorization covering 10 products at 9 mg and one 11 mg Smooth product. PMI U.S. lists the new 1.5 mg and 8 mg strengths as commercially available, but as of September 10 they do not appear on the FDA’s public authorization list. Public materials do not identify which PMTA submissions cover the two new strengths or their current review status.
Sep.11
India Steps Up Nicotine Pouch Enforcement as ZYN, White Fox Circulate and Drug Panel Urges Halt to New Nicotine Formulations
India Steps Up Nicotine Pouch Enforcement as ZYN, White Fox Circulate and Drug Panel Urges Halt to New Nicotine Formulations
India's Ministry of Health and Family Welfare has directed states to step up enforcement against nicotine pouch sales, citing increased availability through online and offline channels and concern about nicotine exposure among children. Reuters reported that international brands including ZYN and White Fox are being sold in India. A study led by ICMR-NICPR found pouches in seven of 10 surveyed locations and identified 68 brands and 445 flavors online. Separately, India's Drugs Technical Advisory Board recommended in August that no new nicotine formulation be approved.
Regulations
Sep.28 by 2Firsts Perspectives
Russia’s Vape Device Labeling Regime Enters Force: Registration Starts in September, Mandatory Coding in December
Russia’s Vape Device Labeling Regime Enters Force: Registration Starts in September, Mandatory Coding in December
Russia's digital labeling regime for reusable e-cigarettes and similar personal vaping devices entered its first mandatory phase in September 2026. From September 1, manufacturers, importers and other market participants must register with the national Chestny ZNAK tracking system. From December 1, newly manufactured and imported covered devices will be required to carry digital identification codes and be reported as entering circulation. Russia has also issued new operational guidance for imports, marking the transition from a voluntary pilot to phased mandatory implementation.
Sep.15
Product | RELX Partners With UK E-Liquid Brand T-Juice for Prime Pro × Red Astaire Bundle in France
Product | RELX Partners With UK E-Liquid Brand T-Juice for Prime Pro × Red Astaire Bundle in France
RELX and UK e-liquid brand T-Juice have launched the Prime Pro × Red Astaire bundle in France, combining the RELX Prime Pro open-system pod device with T-Juice’s signature Red Astaire nicotine salt e-liquid. The collaboration retains the existing Prime Pro hardware platform while using an established flavor brand to create a complete open-system offering. The product appeared in French retail and distribution channels in August 2026 and represents a co-branded retail bundle rather than a new device launch.
Aug.27