Big Bank Rating | Jefferies: Raising Bubble Mart's Target Price to HK$30.1 and Rating Upgraded to “Buy”
Glonghui, March 29 | Jefferies released a report saying that Bubble Mart's net profit increased 128% year-on-year to 1.08 billion yuan last year. The Group is leading to a sales increase of more than 30% this year, and the net profit margin (excluding non-core projects) exceeds the target of 20% in the medium to long term. The bank raised the company's net profit forecast for this year and next year by 7% and 9% respectively. The target price was raised from HK$22.6 to HK$30.1. Considering strong sales momentum this season, management raised sales growth targets, and IP monetization presented good opportunities, and the investment rating was upgraded from “hold” to “buy”.
China Dental Industry (08406) announced 2023 results, net loss of 18.626 million yuan, a year-on-year decrease of 46.56%
China's dental industry (08406) announced its 2023 results, with revenue of about 167 million yuan, a year-on-year decrease of 21.4...
Qiao Xiong International (00381) announced annual results. Shareholders' profit attributable to shareholders was HK$372.13 million, turning a year-on-year loss into a profit
Qiao Xiong International (00381) announced its 2023 annual results. The group recorded revenue of HK$384 million, a year-on-year decrease...
KIU HUNG INT'L: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
中國口腔產業:截至二零二三年十二月三十一日止年度之年度業績公告
PERFECTECH INTL (00765.HK) annual revenue decreased by about 12% year over year to approximately HK$156 million
On March 28, GLONGHUI | PERFECTECH INTL (00765.HK) announced that for the year ended December 31, 2023, the Group's revenue decreased by about 12% year over year to approximately HK$155,905,000. The decrease in revenue was due to lower sales of toy products. The Group recorded an annual loss attributable to the owners of the company of approximately HK$30,532,000 (2022: loss of HK$6,825,000). Basic and diluted losses per share were HK9.34 cents.