No Data
Hong Kong stock movement | VITASOY INT'L (00345) once fell nearly 4% as competition in the beverage Industry intensifies; Credit Lyonnais remains cautious about the company's short-term sales performance.
VITASOY INT'L (00345) saw its stock drop nearly 4% in the early session, and as of this report, it has fallen by 2.78%, trading at 9.1 Hong Kong dollars, with a trading volume of 61.4696 million Hong Kong dollars.
Major bank rating | Citigroup: Downgrades Vitasoy's Target Price to HKD 9.4, remains cautious about its short-term sales performance.
On June 25, Glonghui reported that Credit Lyonnais indicated that VITASOY INT'L's Net income for the fiscal year 2025 is 4% lower than the bank's forecast. Considering the performance for the second half of the fiscal year 2025 and the increasing competitive pressure in Mainland China, Credit Lyonnais has lowered its sales and Net income forecasts for VITASOY for the 2026 to 2027 fiscal years by 5% and 17% respectively, adjusting the Target Price from HKD 9.6 to HKD 9.4, maintaining a "hold" rating. The report noted that Credit Lyonnais has observed intensified competition in the beverage industry in Mainland China, with many leading companies engaging in marketing activities and offering giveaways, allowing customers to repurchase products at extremely low prices (for example, 1 to 2 yuan per bottle).
In "The Bank," Credit Lyonnais lowers the Target Price of Vitasoy (00345.HK) to 9.4 yuan due to increased competition in the mainland.
VITASOY INT'L (00345.HK) announced its annual results for the year ending March this year on Tuesday (24th), with a net profit of 0.235 billion yuan, a year-on-year increase of 101.7%; revenue of 6.274 billion yuan, a year-on-year increase of 0.9%. A report by Citibank indicates that VITASOY INT'L's net profit for the 2025 fiscal year is 4% lower than the bank's forecast. Additionally, due to intensified competition in China's beverage industry, the bank has lowered the discounted cash flow (DCF) benchmark based on an unchanged 8.1% weighted average cost of capital (WACC), reducing its Target Price from 9.6 yuan to 9.4 yuan, maintaining a "Hold" rating. The report noted, Citibank
Vitasoy (00345.HK): The price reduction in the mainland has stabilized, and there will be no price adjustments in the Hong Kong market.
The Executive Chairman of VITASOY INT'L (00345.HK), Luo Youli, stated at the earnings meeting that the mainland market is facing intense price competition. As of the end of March this year, prices for mainland lemon tea products have decreased by 10% to 15% in the second half of the year; however, prices have now stabilized, and it is predicted that prices in the mainland market will not drop further. It is believed that the company's products now possess considerable competitiveness and that the market has reached saturation. The Hong Kong market also has no intention of adjusting prices. In response to mainland companies like NONGFU SPRING (09633.HK) entering the Hong Kong market, CEO Lu Botao mentioned that in the past year and a half, more high-quality brands with scale effects from the mainland have entered the Hong Kong market, but the company
VITASOY INT'L To Go Ex-Dividend On August 29th, 2025 With 0.102 HKD Dividend Per Share
June 24th (Beijing Time) - $VITASOY INT'L(00345.HK)$ is trading ex-dividend on August 29th, 2025.Shareholders of record on September 1st, 2025 will receive 0.102 HKD dividend per share on September 17
VITASOY INT'L (00345.HK) annual net profit surged by 102% to 0.235 billion Hong Kong dollars, with a final dividend of 10.2 Hong Kong cents per share.
On June 24, Glonghui reported that VITASOY INT'L (00345.HK) announced its annual performance for the fiscal year ending March 31, 2025, with group revenue of 6.274 billion HKD, a year-on-year increase of 1%; gross profit of 3.218 billion HKD, a year-on-year increase of 4%; and profit attributable to equity holders of the company of 0.235 billion HKD, a year-on-year increase of 102%, proposing a final dividend of 10.2 HK cents per share. During the reporting period, the Vitasoy Group's revenue increased by 1% compared to the previous fiscal year, benefiting from growth in core products in mainland China and the Hong Kong business continuing to achieve robust performance. In the fiscal year
