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BOE Varitronix Schedules Key Board Meeting
Boe Varitronix (00710.HK) held a board of directors meeting on August 22 to approve the interim performance.
Boe Varitronix (00710.HK) announced on August 12 that the board of directors will hold a board meeting on August 22, 2024 (Thursday) to approve the company and its subsidiaries' mid-year performance ending June 30, 2024, consider the distribution of interim dividends (if any), and handle other matters.
BOE VARITRONIX: NOTIFICATION OF BOARD MEETING
CITIC Securities: Three-dimensional analysis of space, path, and profit reveals great opportunities for global auto parts globalization.
Now is the right time to go global. The accelerated globalization of high-quality domestic parts supports a new round of growth in the domestic parts industry in terms of space, path, and profitability. It is expected to create a new global leader.
Gtja: Folding machine market is developing rapidly, and three-fold machines are poised for launch.
According to IDC's data, the sales growth rate of the folding machine market in China in the four quarters of Q3-24Q2 was 90%, 150%, 83%, and 105%, respectively, maintaining a high growth trend.
CMB International: Expects the ASP/profit margin of BOE Varitronix (00710) to recover in 2H24, with a target price of 9.9 Hong Kong dollars.
CMB International expects that BOE Varitronix's (00710) 1H24 revenue will increase by 15% year-on-year.
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