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Damo: Lowering target prices for China and Chinese food by Master Kong Holdings and Unify
Morgan Stanley released a research report stating that it lowered the target price of Master Kong Holdings (00322) from HK$16 to HK$11 to maintain the “increase in holdings” rating, and the target price for Unified Enterprise China (00220) was lowered from HK$6.7 to HK$4.9 to reflect the reduction in profit forecasts, etc., to maintain the “reduced holdings” rating. At the same time, the bank lowered the target price of Chinese food (00506) from HK$3.6 to HK$3.4, and downgraded the rating from “increasing holdings” to “synchronizing with the market”. The report said the beverage business growth will improve this year as travel demand recovers. Benefiting from falling raw material costs, profit margins will increase.
新浪港股Apr 17 03:54 ET
CHINA FOODS To Go Ex-Dividend On June 18th, 2024 With 0.16305 HKD Dividend Per Share
March 19th - $CHINA FOODS(00506.HK)$ is trading ex-dividend on June 18th, 2024. Shareholders of record on June 19th, 2024 will receive 0.16305 HKD dividend per share on July 10th, 2024. The ex-div
moomoo NewsMar 19 05:05 ET
China Foods 2023 Net Profit Rose as Economic Activity Recovered
By Tracy Qu China Foods reported higher annual net profit as economic activities returned to normal after Covid-19 restrictions were lifted. Full-year net profit rose 26% to 832.58 million yuan ($11
WSJMar 19 01:22 ET
China Foods will pay a final 2023 dividend of 14.8 points per share on July 10
China Foods (00506) announced that it will pay a final 2023 dividend of 14.8 points per share on July 10, 2024.
新浪港股Mar 19 00:50 ET
China Foods Announces 2023 Annual Results Profit attributable to shareholders of 833 million yuan, an increase of 26.18% year-on-year
China Foods (00506) announced its annual results for the year ended December 31, 2023. The group obtained revenue of RMB 21,446 billion (same unit), an increase of 2.3% over the previous year; profit attributable to company owners was RMB 833 million, an increase of 26.18% over the previous year; basic profit per share was 29.76 points, and a final dividend of RMB 0.148 per share was proposed.
新浪港股Mar 19 00:49 ET
China Foods: Chinese Economy to Remain Challenging, Uncertain in 2024 >0506.HK
China Foods: Chinese Economy to Remain Challenging, Uncertain in 2024 >0506.HK
Dow JonesMar 19 00:16 ET
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