The management of BOE Varitronix expects that the revenue growth rate will exceed the market average level and the net margin will continue to recover in 2024.
Zhongtong Finance learned that CMB International released a research report stating that it gave BOE Varitronix (00710) a "buy" rating with a target price of HKD 10.94, and the risk-return ratio is attractive. The management expects that large-screen and high-end screens will still be the main upgrade trend in the industry. Considering the company's leading industry position, the company is expected to continue to benefit. In addition, the management also expects that under the promotion of ASP improvement, operational efficiency improvement, overseas orders and rapid growth of system products, the revenue growth rate will exceed the market average level and the net margin will continue to recover in 2024.