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[Brokerage Focus] HAITONG INT'L maintains a "Outperform Market" rating on U-PRESID CHINA (00220), Bullish on its soft drink Business benefiting from Industry demand and improving recovery.
Jinwu Financial News | HAITONG INT'L released a Research Report stating that the growth rate of beverage production data during September to November has significantly increased, reflecting an improvement in demand in the soft drink Industry. The company is Bullish on U-PRESID CHINA (00220) as its soft drink Business benefits from the industry's demand and improves recovery. In the first half of 2024, the company will refine market channels, covering multiple Consumer scenarios. In addition to traditional ready-to-drink scenarios, it will continue to explore Dining scenarios, family scenarios, gift scenarios, group purchase scenarios, etc.; promote the expansion layout of high-performance terminal points, and continuously increase the focus on freezing, empowering digitalization. Furthermore, in the fourth quarter of 2024, the prices of White Sugar/polyester bottle preforms/corrugated paper continue to decline.
U-PRESID CHINA (00220.HK) plans to hold a Board of Directors meeting on March 5 to approve the annual performance.
Gelonghui, January 17th丨U-PRESID CHINA (00220.HK) announced that the Board of Directors will hold a meeting on March 5, 2025 (Wednesday) to approve the annual performance announcement of the company and its subsidiaries for the year ending December 31, 2024, and to consider the proposal for the distribution of dividends (if any).
U-PRESID CHINA: DATE OF BOARD MEETING
Has Uni-President China Holdings Ltd (HKG:220) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Global food prices have rebounded for the first time in three years, potentially increasing the burden on consumers.
The rebound in Global food prices may raise Consumer grocery spending costs this year.
Daiwa: Reaffirms U-PRESID CHINA's "Buy" rating; annual revenue guidance slightly exceeds market expectations.
Daiwa released a research report stating that in a favorable competitive environment with major competitors raising prices and a decline in raw material costs, it reiterates U-PRESID CHINA (00220) "Buy" rating. The company adjusted its year-on-year revenue growth target to 5% this year. This is the lower limit of the company's revenue growth guidance for mid-term performance (5% to 8%). The firm believes that the company's guidance slightly exceeds market expectations. In addition, Daiwa noted that palm oil prices have fallen by about 10% since the recent peak in November 2024, which has alleviated market concerns regarding the contraction of U-PRESID's gross margin.
II Wilson : Nice!