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Carote Ltd Schedules Board Meeting to Discuss Annual Results and Dividend
Carrot (02549.HK) plans to hold a Board of Directors meeting on March 26 to approve the annual performance.
Gelonghui reported on March 12 that Karot (02549.HK) announced that the Board of Directors will hold a meeting on March 26, 2025 (Wednesday) to (including) (i) consider and approve the annual performance announcement of the company and its subsidiaries for the year ending December 31, 2024, and its publication; and (ii) consider the proposal for the distribution of a final dividend (if any).
CAROTE LTD: DATE OF BOARD MEETING
[Brokerage Focus] CITIC SEC expects that the home Industry will continue to exhibit the fundamental characteristics of 'strong expectations, weak realities' in 2025.
Jinwu Financial News | CITIC SEC stated that the national subsidy for home furnishings in 2024 has achieved certain effects, with noticeable improvements in home demand in cities or regions with greater policy freedom and flexibility. However, it is important to note that the released demand this time mainly consists of essential needs. As for the release of renovation demand in the existing stock and the end of the consumption downgrade in the home furnishings Industry, it is expected that further efforts and optimizations in subsequent policies will still be required. Looking ahead to 2025, in regions where new national subsidy policies for home furnishings have already been introduced, it seems that the policies are becoming stricter and standards are on the rise. However, the bank determines that the overall direction remains gradual improvements and relaxations, with localized subsidies as the main theme.
Are Investors Undervaluing Carote Ltd (HKG:2549) By 26%?
After a difficult return to the issue price, Carrote (02549) faces new challenges with the cornerstone lock-up release.
The upcoming lifting of restrictions on the sale of shares will be a key factor affecting the future stock price trend of Carlot.
