Statistics of Capital Trend for Hong Kong Stock Connect (T+2) | March 31

Zhitong Hong Kong Stock Connect Capital Trend | March 31

Zhitong FinanceMar 30 19:30 ET

Jefferies Remains a Hold on Nongfu Spring Co., Ltd. Class H (9633)

TipRanksMar 28 08:16 ET · Ratings

Citi: The recovery trend in the drinking water Business is clear, reiterating the "Buy" rating for NONGFU SPRING (09633).

Citibank is more convinced that NONGFU SPRING's drinking water Business will show a recovery trend in 2025.

Zhitong FinanceMar 28 04:09 ET

【Brokerage Focus】 Southwest Securities maintains a "Buy" rating on NONGFU SPRING (09633), noting that packaged water is under short-term pressure, but recovery during the peak season is expected.

Jinwu Financial News | Southwest Securities released a Research Report stating that NONGFU SPRING (09633) will see a slight year-on-year increase in revenue and Net income in 2024. The packaged water business is under short-term pressure, but core tea beverages continue to grow at a high rate. The company achieved a total revenue of 42.9 billion yuan for the year, an increase of 0.5% year-on-year; the Net income attributable to the parent company was 12.12 billion yuan, an increase of 0.4% year-on-year, with both revenue and profit declining by 6.7% year-on-year in the second half. Business performance by category: packaged water is under pressure, while tea beverage growth has slowed. Specifically, packaged water revenue was 15.95 billion yuan, down 21.3% year-on-year, mainly affected by public opinion events and actions.

Jinwu Financial NewsMar 28 01:37 ET

Nongfu Spring Co., Ltd. Just Missed Revenue By 7.5%: Here's What Analysts Think Will Happen Next

Simply Wall StMar 27 18:51 ET

Nongfu Spring Co., Ltd. Class H: Buy Rating Backed by Projected Recovery and Strategic Expansion Amidst Potential Risks

TipRanksMar 27 07:57 ET · Ratings