China Mengniu Dairy Grants Restricted Shares to Key Employees

TipRanksMar 31 11:28 ET

MENGNIU DAIRY (02319) granted 5.644 million restricted stocks.

MENGNIU DAIRY (02319) announced that on March 31, 2025, the company approved the restricted stock award...

Zhitong FinanceMar 31 11:12 ET

CICC: Raises MENGNIU DAIRY (02319) Target Price to 23 Hong Kong dollars, maintains "outperforming the Industry" rating.

The bank stated that excluding the impact of impairments, the full-year Operation profit margin increased by 1.9 percentage points, exceeding market expectations.

Zhitong FinanceMar 31 04:30 ET

Macquarie: Maintains MENGNIU DAIRY's "Outperform the Market" rating and raises the Target Price to 23 Hong Kong dollars.

Macquarie released a Research Report stating that after excluding one-time impairment losses, MENGNIU DAIRY (02319) adjusted profit growth in the second half of last year was 11.3%. Due to the steady improvement in profit margins last year, the company's profit forecasts for the next two years were raised by 7.2% and 9.9% respectively, with the Target Price increased by 10% to 23 HKD, maintaining an "outperform the market" rating to reflect that this year's raw milk prices will remain stable and that the operating profit margins will remain stable. Macquarie noted that so far this year, due to a high comparison base and the impact of the Lunar New Year, MENGNIU is facing overall weak demand, thus this year's revenue target is a low single-digit growth.

Sina Hong Kong stocks.Mar 31 03:55 ET

China Mengniu Dairy Announces Board Changes to Enhance Strategic Position

TipRanksMar 28 05:41 ET

MENGNIU DAIRY (02319): Lillie Li Valeur has been appointed as a non-executive Director.

MENGNIU DAIRY (02319) announced that from April 1, 2025, Simon Dominic...

Zhitong FinanceMar 28 05:13 ET