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S&P Affirms Tingyi (Cayman Islands) Holding's A- Ratings on Solid Market Position
TINGYI: 2024 Interim Report
Analysts Are Updating Their Tingyi (Cayman Islands) Holding Corp. (HKG:322) Estimates After Its Half-Year Results
Kangshifu instant noodles semi-annual report disclosed, profit growth driven by cost-effective advantage.
During this year's financial report season, the performance of consumer goods has undoubtedly attracted market attention. Recently, tingyi's performance report has been released. How do we analyze the performance of instant noodles? Where is the future of the instant noodle market? The performance still focuses on steady and healthy growth. On the 26th, tingyi released its interim performance report, focusing on tingyi's instant noodle business. The company's income for the period was 13.814 billion, accounting for 33.5% of the group's total income. Due to the optimization of raw materials and product portfolio, the gross margin increased by 1.3 percentage points to 27.1% year-on-year. After carefully studying tingyi's half-year performance announcement for 2024 (departmental performance), we found that
Jefferies Adjusts Tingyi (Cayman Islands) Holding's Price Target to HK$12.32 From HK$11.61, Keeps at Buy
Analysts Conflicted on These Consumer Goods Names: Tingyi (Cayman Islands) Holding (OtherTCYMF) and JM Smucker (SJM)
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