No Data
No Data
On August 15th, Weilong Delicious (09985.HK) held a Board of Directors meeting to consider and approve the mid-term performance.
Wei Long Wei (09985.HK) announced on August 2nd that the board of directors will hold a meeting on Thursday August 15, 2024 to consider and approve (including) the company and its subsidiary's mid-term performance ending June 30, 2024 and its publication, and consider the distribution of mid-term dividends (if any).
WL DELICIOUS: DATE OF BOARD MEETING
HK Stock Market Update | Wei Long Delicious (09985) rose more than 3%, with a net profit increase of more than 30% in the first half of the year and the potential to continue to increase volume through new channels and products.
Wei Long Delicacy (09985) rose more than 3%, as of press time, rose 3.36%, reported HK$6.46, turnover of HK$3.1478 million.
CICC: Maintains a 'recommended' rating for Weilong Delicious (09985) and raises the target price to HKD 7.8.
CICC raises WeiLong Delicious's net income for 2024/2025 to approximately 1.07/1.21 billion yuan, up from 6.8%/5.8%.
Brokerage Focus: Founder Securities maintains a "recommended" rating on Wei Long Delicious (09985) and is bullish on the company's return to growth channels.
According to the research report by Fangzheng Securities, Wei Long Delicious (09985) announced a profit forecast on July 25th, with a net income of 0.599-0.622 billion yuan expected to be achieved in H1 2024, an increase of 34-39% year-on-year. The bank pointed out that the company continues to strengthen its product research and development and new product launch capabilities, and channel construction continues to deepen. It actively embraces new emerging channels such as Douyin and bulk snacks, and price adjustments are gradually fading away. The bank is bullish on the company's return to growth trajectory. The bank expects the company's revenue to be 5.628/6.504/7.528 billion yuan in 2024-2026, with year-on-year growth rates of 15.52%/15% respectively.
Weilong Delicious Global's H1 Profit to Rise Up to 39%
No Data