Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>BofAS Expects HAIDILAO (06862.HK) Gross Margin Pressure to Persist Until 2026, Drops TP to $15.1
Recommend 10 Positive 6 Negative 8 |
||||
|
||||
|
HAIDILAO (06862.HK)'s 2025 results were mixed, with revenue growing by 1% YoY to RMB43.2 billion, in line with forecast, but net profit after tax fell by 14% YoY to RMB4.1 billion, 5% below market consensus, BofA Securities issued a research report saying. Although HAIDILAO's table-turn rate recovered YTD, gross margin pressure may persist until 2026, hindering profit growth, the broker noted. It is currently too early to assess the contribution of sub-brands due to limited operating records. Considering relevant factors, BofA Securities lowered its 2026/ 2027 EPS forecasts for HAIDILAO by 6%/ 7% each, and dropped its target price by 8% to $15.1, with rating reiterated at Neutral. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
