Town Ray Holdings' (HKG:1692) Soft Earnings Are Actually Better Than They Appear
Shareholders appeared unconcerned with Town Ray Holdings Limited's (HKG:1692) lackluster earnings report last week. We think that the softer headline numbers might be getting counterbalanced by some
JS Global Life (01691) subsidiary signs debt transfer agreement with SharkNinja Operating
Zhitong Finance App News, JS Global Life (01691) issued an announcement. On April 26, 2024, SharkNinja Operating (transferor) signed a debt transfer agreement with JS Global Trading (transferee), an indirect wholly-owned subsidiary of the company. SharkNinja Operating agreed to the transfer, while JS Global Trading agreed to transfer the claims under the distribution agreement. The completion of the transfer will enable the Group to recover the outstanding amount in the foreseeable future, thereby creating uncertainties relating to the claim
[Broker Focus] CMB International maintains Vesync (02148) “buy” rating and is expected to increase profit margins and profits in the first quarter
Jinwu Financial News | According to CMB International Development Research Report, Vesync (02148) reported gross sales for the first quarter of '24, with an increase of only 1%. Amazon/non-Amazon channel sales fell 7%/38% year on year respectively, mainly affected by the shortage of popular products and the slow rate at which Amazon replenished inventory. However, the company's retail turnover still grew healthily by 13% in the first quarter, while the company reduced discounts, promotions and other costs. The bank believes that profit margins and profits will continue to increase in the first quarter. Looking ahead, the company did not adjust its full-year guidance (20% sales growth and
Innovation & Technology Industries (00669): Andrew Philip Roberts appointed as a member of the Audit Committee
Chuangke Industrial (00669) announced that Andrew Philip, the company's independent non-executive director...
[Broker Focus] Goldman Sachs raised the target price of Hisense Home Appliances (00921) by 3.3%, indicating that the first quarter's performance was better than expected
Jinwu Financial News | According to Goldman Sachs Research Report, Hisense Home Appliances (00921) performed better than expected in the first quarter of 2024. Total revenue and net profit were 23.486 billion yuan and 981 million yuan respectively, up 21% and 59%, both higher than Goldman Sachs's forecast. The better-than-expected benefits mainly from factors such as improved gross margin/operating margin combinations. According to the bank, compared to last year, the company's management is still confident that it will achieve its annual growth goals, outperform its peers, and continue to improve efficiency. However, the gross margin of split air conditioners for the rest of 2024 seems to be gradually conservative, mainly due to rising copper and aluminum prices, which affect costs
利民實業:2023 年報