Here are Kaisa’s quick comments on this morning’s result. 
HKFoods published its Q1 results this morning, which slightly exceeded our expectations regarding both revenue and earnings. Good momentum in the retail and food service channels supported revenue, and the company’s efficiency measures successfully offset increased costs. As expected, the company reiterated its guidance pointing towards an earnings improvement for the current year. Overall, we consider the report relatively neutral, especially considering the rising costs. HKFoods’ briefing, held at 10:00 AM, can be followed here.