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Haitong Securities: First gives China Foods (00506) an "outperform" rating with a fair value of HKD 3.63-4.62.
Haitong Securities believes that the continued enrichment and expansion of China Foods' retail innovation business in the future will help the company further move towards its vision of becoming a world-class food and beverage group.
Earnings Are Growing at China Foods (HKG:506) but Shareholders Still Don't Like Its Prospects
China Foods' H1 Profit Falls on 9% Revenue Decline
China Foods Limited Reports Mixed Mid-Year Financials
China Foods (00506) has announced its interim performance, with a net profit attributable to shareholders of 0.565 billion yuan, a decrease of 5.89% compared to the same period last year.
China Foods (00506) has released its interim performance for the six months ended June 30, 2024, and the group achieved revenue...
China Foods: Aims to Boost Gross Profit Magrin in 2H >0506.HK
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