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Phoenix New Media Hong Kong stocks China Merchants (Hong Kong) issued a research report that the rise in raw material prices will be the theme of food and beverage companies in the second half of 2001. According to the National Bureau of Statistics, the average prices of sugar, palm oil, plastic PET and corrugated paper rose-0.1%, 51.3%, 41.4% and + 21.4%, respectively, in the third quarter of 2001 compared with the same period last year. Although the year-on-year rise in raw material prices is worrying, what is more worrying is that the price of some raw materials is still accelerating. With the exception of sugar prices unchanged from the previous month, all others increased compared with the second quarter. Palm oil, plastic PET and corrugated paper increased by 7.1% respectively.
港股收评 | 恒指低开高走，恒大系午后狂拉！恒大汽车飙涨超44%
Hong Kong stocks reversed in the afternoon, and the Hang Seng Index closed up 0.67% throughout the day. Bank stocks soared, Postal Savings Bank of China rose more than 4%, China Merchants Bank rose more than 3%, Industrial and Commercial Bank of China and Bank of Communications rose more than 2%, BOC Hong Kong (Holdings) Limited and Hang Seng Bank rose more than 2%. Electricity, coal, oil, technology and pharmaceutical stocks weakened.
3799.HK, which recently outperformed the broader market on September 29, continued its rally today, rising more than 8 per cent to HK $4.82 at one point in intraday trading, with a market capitalization of HK $66 billion, the highest since early July. The stock has risen more than 26 per cent since it rebounded from HK $3.821 at the end of August. Goldman Sachs Group said in a previous research report that the reorganization of Dali Foods Group distributors and the redesign of the incentive mechanism have begun to play a certain role in promoting beverage growth; energy drinks are expected to achieve faster growth from the second half of the year under better channel incentives; the company actively promotes sales productivity and promotes the increase of bread compared with the same industry.
Daiwa reiterated Dali Foods Group's "buy" rating in 03799, raising its target price from HK $5.90 to HK $6, raising its 2021-23 earnings forecast by 2 per cent and earnings per share by 4 per cent to 6 per cent, Zitong Financial APP learned. The company's first-half net profit rose 7% from a year earlier, higher than the bank's expected decline of 1%, mainly due to an 11% year-on-year increase in revenue during the period, including better-than-expected performance in the food and beverage business. As of 14:17, it was up 7.64% to quote HK $4.79, with a turnover of 23.3197 million. The bank pointed out that soymilk brand DBD and its short shelf life
Interim report 2021
Author | Pluto data support | www.gogudata.com recently, Dali Foods Group (03799.HK) released the 2021 interim report, with revenue of 11.287 billion, the highest in history, an increase of 11.14% over the same period last year, and a net profit of 2.013 billion, an increase of 7.29% over the same period last year. Dali Foods Group's product line is rich, at the same time, the scale of the single product is large, the basic market of some mature products is stable, and the growth rate of the base is relatively slow, but the China News still achieved double-digit growth, mainly because Dali Foods Group's new growth point is poised to start. These
2021H1's performance is solid, the household consumption sector is strong, the snack food performance is solid, and the beverage business is recovering. The company continues to promote internal reform and carding, while constantly carrying out product innovation, looking forward to the continuous release of the results of the company's reform, driving the sustained growth of the core brand. 2021H1 revenue / net profit increased by 11.1% and 7.3% respectively, in line with expectations. 2021H1, the company achieved an income of 11.287 billion yuan, an increase of 11.1%, and a net profit of 2.013 billion yuan, an increase of 7.3%. Household consumption is strong, snack food is robust, and beverage business is recovering. Household consumption: 2021H1
DALI FOODS(03799.HK)：1H2021 RESULTS IN LINE REITERATE "BUY"
大行评级 | 高盛：予达利食品(3799.HK)买入评级 目标价5.4港元
Goldman Sachs Group said in a research report that the target price of 3799.HK has dropped slightly from HK $5.60 to HK $5.40, mainly reflecting the drop in gross profit margin due to the pressure on the cost of materials on the plateau. The company's sales and net profit rose 11% and 7% in the first half, roughly in line with the bank's expectations, with faster growth in household consumption income and pressure on gross profit margins in the beverage business, the report said. The bank said that looking ahead, the restructuring of distributors and the redesign of incentives have begun to play a role in beverage growth, and energy drinks are expected to achieve faster growth from the second half of the year under better channel incentives.
Zhitong Financial APP learned that Macquarie released a research report saying that Yudali Food (03799) "outperformed the market" rating, the target price was lowered from HK $3.90 to HK $3.70, and the company's revenue recovered well in the first half of the year to 11.1%. However, due to the increasing contrast base in the second half of the year, the market competition for energy drinks is also intensifying, and it is predicted that the growth in the second half of the year will slow to 3%. And cut profit forecasts for 2021 and 22 by 5 per cent and 7.2 per cent, respectively. According to the report, the company's first-half revenue and net profit rose 11.1% and 7.3% respectively, 3.6% and 7% lower than the bank's forecast.