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<Research>CICC Elevates U-PRESID CHINA's TP to $10.5; 1Q25 NP Beats
Recommend 3 Positive 4 Negative 3 |
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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. AAStocks Financial News |
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