No Data
No Data
POU SHENG INT'L: 2024 INTERIM REPORT
Pou Sheng Int'l (03813) fell 18.20%, now trading at 0.540 yuan, hitting a new 52-week low.
As of 11:42, Pou Sheng Int'l (03813) fell by 18.20% from the previous closing price to 0.540 yuan, hitting a 52-week low; the volume was 0.405 million shares, with a turnover of 0.2192 million Hong Kong dollars.
Macquarie: Maintains Yue Yuen Ind's "Outperform" rating and raises target price to HKD 17.2.
Morgan Stanley released a research report stating that it maintains a rating of "outperform" for Yue Yuen Industrial (00551), raising its profit forecast for this year and next year by 3% and 1% respectively, and raising the target price by 3% to HKD 17.2. Morgan Stanley pointed out that the Yue Yuen management has raised its manufacturing growth forecast for the 2024 fiscal year to low double digits, which represents that the growth rate of output in the second half of the year will be faster than the 10% growth rate in the first half of the year. They believe that the higher contribution of urgent orders and the company's maintenance of the target proportion of orders from major customers can support the growth, and the gross profit is expected to improve by half of the year. In addition, the bank pointed out that Pou Sheng Int'l will continue to prioritize its discount level and inventory management in the second half of the year.
Bocom intl: maintain a buy rating for Pou Sheng Int'l (03813) with a target price lowered to HKD 1.01.
Bao Sheng distributes a half-yearly dividend of HKD 0.02 per share and for the first time distributes a special dividend of HKD 0.02 per share, with a total dividend payout ratio of 63%.
Furui: The view on Pou Sheng International's sports products production business is now more cautious due to the impact of the global consumer downgrade.
Due to global demand risks and capacity expansion factors, Furi is more cautious about Pou Sheng Int'l's sports product manufacturing business.
Pou Sheng's H1 Attributable Profit Rises 10%
No Data