Back    Zoom +    Zoom -
<Research>CICC Elevates U-PRESID CHINA's TP to $10.5; 1Q25 NP Beats
Recommend
3
Positive
4
Negative
3
According to a report issued by CICC, U-PRESID CHINA (00220.HK) has announced its 1Q25 operating results, with overall revenue logging a low double-digit increase and net profit surging by 32% YoY to RMB602 million, surpassing market expectations. The main drivers of these increases were an improved beverage gross margin and better-than-expected rate contraction.

After factoring in the stronger-than-expected profit margin improvement, CICC lifted its target price for U-PRESID CHINA by 7% to $10.5 and kept the Outperform rating unchanged.

Related NewsDaiwa Adds U-PRESID CHINA's TP to $10, Reiterates Rating as Buy

AAStocks Financial News