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Lyon: maintains a 'hold' rating on vitasoy int'l (00345), with the target price raised to 9.6 Hong Kong dollars.
Lyon believes that the recovery of Vitasoy's profit margin is the main driver of profit growth in the medium term.
Vitasoy International Posts 5% Growth in Fiscal H1 Profit
VITASOY INT'L (00345) will distribute a mid-term dividend of HK$0.04 per share on December 24.
VITASOY INT'L (00345) announced that the company will...
VITASOY INT‘L (00345) released its interim performance report, with a profit attributable to shareholders of 0.171 billion HKD, an increase of 5% year-on-year.
VITASOY INT'L (00345) released its 2024 interim results for the six months ended September 30.
Vitasoy (00345.HK) announced its interim performance: both revenue and net profit increased, with significant profit growth in mainland china, planning to pay an interim dividend of 4 Hong Kong cents per share
Grace Time News on November 26th, Vitagen (00345.HK) announced its interim financial performance, with a company revenue of 3.443 billion Hong Kong dollars, a year-on-year increase of 1.54%; gross margin of 1.777 billion Hong Kong dollars, a year-on-year increase of 3.82%; the shareholder's share of profit for the period was 0.171 billion Hong Kong dollars, a year-on-year increase of 4.82%; basic earnings per share was 15.9 Hong Kong cents, proposing an interim dividend of 4.0 Hong Kong cents per share. During the reporting period, calculated in Hong Kong dollars, the group's gross margin rose to 51.6%, mainly due to lower raw material prices and the benefits of production process optimization. Operating profit increased significantly by 50%, mainly driven by China.
Express News | Vitasoy International - Hy Profit Attributable HK$171 Mln
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