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Sun Art Retail Group Likely to Turn Profitable in FY 2025 -- Market Talk
0602 GMT - Sun Art Retail Group is likely to turn profitable in FY 2025, China Galaxy International analyst Lei Yang says in a research report, as the brokerage raises the stock's rating to add from h
Sun Art Retail Group Raised to Add From Hold by China Galaxy International>6808.HK
Sun Art Retail Group Raised to Add From Hold by China Galaxy International>6808.HK
Damo: Target price of HK$1.6 for Gaoxin Retail (06808) “In sync with the market” rating
Gaoxin Retail (06808)'s potential improvement in same-store sales is a key factor driving up the stock price.
Gaoxin Retail (06808): High sales expense ratio from profit to loss in Q1 exacerbated the profit crisis
The results of the transformation of the membership system are yet to be tested.
Jefferies Adjusts Sun Art Retail Group's Price Target to HK$1.78 From HK$1.70, Keeps at Hold
04:48 AM EDT, 05/23/2024 (MT Newswires) -- Jefferies Adjusts Sun Art Retail Group's Price Target to HK$1.78 From HK$1.70, Keeps at Hold Price (HKD): $1.62, Change: $, Percent Change: %
CICC: Maintaining Gaoxin's Retail Outperform Industry Rating Target Price of HK$2.3
CICC released a research report stating that while maintaining Gaoxin Retail's (06808) “outperforming the industry” rating, the net profit forecast for fiscal year 2025 remains unchanged, introducing a net profit forecast of 380 million yuan for fiscal year 2026, with a target price of HK$2.3 million. The company announced financial results for the 2024 fiscal year (ending March 31): revenue of 72.57 billion yuan, down 13.3%; net loss to mother of 1.61 billion yuan (net profit of the previous year), which is in line with performance forecasts and market expectations. Excluding impairment losses, an operating profit of 340 million yuan and an operating profit margin of 0.5% was achieved. CICC's main views are as follows: 1. The same store is under pressure.
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