Research reports | GTJA: Dongpeng Beverage's performance exceeded expectations, maintaining a "shareholding" rating.

GTJA research report pointed out that Dongpeng Beverage (605499.SH) announced a performance forecast for the first three quarters, achieving a net income attributable to mother of 26~2.73 billion yuan, an increase of +57%~65% year-on-year; It is estimated that the company's net margin for Q3 is expected to be in the range of 19.2%~20.6%, an increase of 2~3.4 percentage points year-on-year, and the improvement in profitability is mainly attributed to the improvement in gross margin. Overall, against the background of consumers' increasing demand for refreshing and anti-fatigue products, the company has accelerated its nationwide layout, enhanced channel management with fine-tuning, introduced frozen display to enhance single point sales force, thereby achieving accelerated market share growth.

Gelonghui FinanceOct 11 04:00 ET

Dongpeng Beverage (Group) Co., Ltd. Pre-performance announcement for the first three quarters of 2024

SZSIOct 9 12:00 ET · Announcements

Dongpeng Beverage (605499.SH): The net income in the first three quarters is expected to increase by 57.04% to 64.89% year-on-year.

Gelonghui October 9th | Dongpeng Beverage (605499.SH) announced the performance forecast for the first three quarters of 2024, according to preliminary calculations by the finance department, it is expected that the net income attributable to the owners of the parent company in the first three quarters of 2024 will be between 2.6 billion yuan and 2.73 billion yuan, with a year-on-year growth rate of 57.04% to 64.89%. It is expected that the net income attributable to the owners of the parent company after deducting non-recurring gains and losses in the first three quarters of 2024 will be between 2.55 billion yuan and 2.68 billion yuan, with a year-on-year growth rate of 69.76% to 78.41%. The company has been "vigorously promoting sales" from January to September 2024.

Gelonghui FinanceOct 9 08:15 ET

Express News | Eastroc Beverage Says It Sees Jan-Sept Net Profit up 57.0-64.9% Y/Y

ReutersOct 9 07:06 ET

Dongpeng Beverage: Tianjin base construction + channel expansion, gradually increasing market share in the northern region | Direct hitting earnings conference

1. Dongpeng Beverage's "northward" progress has attracted attention, and the company stated that it is actively promoting the construction of the tianjin production base. 2. The company stated that it will gradually increase its market share in the northern market by continuously improving the distribution system, deepening channel expansion, increasing consumer stickiness, and gradually achieving sales conversion.

cls.cnSep 30 03:10 ET

Eastroc Beverage(Group) Co., Ltd.'s (SHSE:605499) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Simply Wall StSep 27 19:14 ET