BUZZ-China's Nongfu drops to over 2-month low on profit miss

Reuters
03-26
BUZZ-China's Nongfu drops to over 2-month low on profit miss

** Shares of China's packaged water and beverage producer Nongfu Spring 9633.HK drop 11.3% to HK$32.6, their lowest since January 13

** Stock set for sixth consecutive session of fall; top pct loser on Hang Seng Index .HSI and Hang Seng China Enterprises Index .HSCE, which are up 0.3% and 0.1% respectively

** Nongfu said its 2024 profit attributable climbed 0.4% y/y, revenue up 0.5% y/y while gross profit fell 1.9% y/y

** Citi, with "buy" rating, says Nongfu's y/y flat net profit in 2024 was below consensus forecast with packaged water sales miss

** Hang Seng Consumption Index .HSCGSI gains 0.6% while index tracking consumer staples .HSCICS falls 1.3%

** Stock up 8.3% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10