No Data
No Data
DPC Dash Ltd (HKG:1405) Insiders, Who Hold 38% of the Firm Would Be Disappointed by the Recent Pullback
[Brokerage Focus] Tianfeng Securities first gave Da Shi shares (01405) a "shareholding" rating, expecting the pizza industry leader to expand in the Chinese market.
Tianfeng Securities issued a research report stating that Daseke Holdings (01405) is the domestic franchisee of Domino's Pizza, the world's largest pizza brand, and the third largest pizza company in China. It entered the Chinese market in 1997 and initially focused on Beijing and Shanghai. Since 2017, it has accelerated its expansion and has achieved continuous same-store sales growth for 27 consecutive quarters since 2017Q3. The company achieved revenue of 3.05 billion yuan in 23 years (2019-23CAGR38%), and the number of stores reached 768 by the end of 2023 (2019-23CAGR30%). With rapid store expansion, same-store sales maintain positive growth, and 20-2.
Brokerage focuses on Sinolink Securities maintains a "buy" rating on Daseke (01405), pointing out that its pizza category has a more prominent competitive advantage.
Sinolink Securities released a research report stating that Dashen Holdings Limited (01405) has released a mid-year performance forecast for 2024, expecting that the income in 1H24 will not be less than 2 billion yuan, a year-on-year increase of not less than 45%, the net loss attributable to shareholders will not be less than 10 million yuan, a year-on-year increase of not less than 14%, the adjusted net profit will not be less than 48 million yuan, a year-on-year increase of 65.45 million yuan from -17.45 million yuan in 1H23. The bank indicated that Domino's, specializing in pizza, guarantees taste with fresh hand-kneaded dough, and has a higher number of pizza SKU and customization degree compared to its peers, with a wide price range that can meet both cost-effectiveness and upgrade demands. In terms of delivery, it promises delivery within 30 minutes.
DPC Dash Ltd Issues Positive Profit Alert for the First Half of 2024
With Both Adjusted and Reported Net Profit Turn Positive HONG KONG, Aug. 1, 2024 /PRNewswire/ -- DPC Dash Ltd ("DPC Dash" or the "Company", together with its subsidiaries, the "Group") (1405.HK),
Press Release: DPC Dash Ltd Issues Positive Profit Alert for the First Half of 2024
DPC Dash Expects Higher Profit in H1
No Data