天风证券指出，公司在海外营收增速亮眼。公司已在印度尼西亚、柬埔寨、泰国和马来西亚设立生产基地，同时计划在非洲的坦桑尼亚和越南开展本地化生产和销售，迅速进入当地市场，越南生产基地预计于2024 年第四季度投产。公司作为科达制造第二大股东，积极寻求与科达制造在非洲市场的业务合作，有望产生协同效应以及有效拓展非洲等海外市场。China Lesso (02128) rose more than 3% in the afternoon. As of the time of publication, it rose 3.15% to HKD 2.62 with a turnover of HKD 6.6107 million.
According to the Futubull Financial News app, China Lesso (02128) rose more than 3% in the afternoon. As of the time of publication, it rose 3.15% to HKD 2.62 with a turnover of HKD 6.6107 million.
In terms of news, China Lesso previously announced its interim performance, with revenue of CNY 13.564 billion, a year-on-year decrease of 11.3%; the profit attributable to owners of the company was approximately CNY 1.043 billion, a year-on-year decrease of 30.16%. China Securities points out that the main business demonstrates resilience; if real estate and municipal demand gradually recover in the future, the company's profitability is expected to gradually improve; in addition, the company's debt ratio is currently high, and the company is actively transforming the currency of its liabilities.
Tianfeng Securities pointed out that the company's overseas revenue growth rate is impressive. The company has set up production bases in Indonesia, Cambodia, Thailand, and Malaysia, and plans to carry out localized production and sales in Tanzania and Vietnam in order to quickly enter the local market. The Vietnam production base is expected to start production in the fourth quarter of 2024. As the second largest shareholder of Keda Industrial Group, the company is actively seeking business cooperation with Keda Industrial Group in the African market, and is expected to generate synergies and effectively expand overseas markets such as Africa.