legendsultimatearcade| Tianli International Holdings is now up more than 11% and China Merchants Securities gives an "overweight" investment rating

Tianli International Holdings (01773) is now up 11legendsultimatearcade.29%legendsultimatearcade, report 5legendsultimatearcade.32 HKDlegendsultimatearcade, the turnover was HK$19.9625 million.

Tianli International Holdings announced interim results for the six months ended February, with revenue of approximately 1.645 billion yuan, a year-on-year increase of 73.8%; adjusted profit for the period was approximately 319 million yuan, a year-on-year increase of 70%; Profit attributable to owners of the company was approximately 289 million yuan, a year-on-year increase of 67.77%; basic earnings per share were 13.90 cents, interim dividend per share was 4.17 cents, and 2.43 cents were paid in the same period last year.

China Merchants Securities previously announced that it will cover Tianli International Holdings for the first time and give it an "overweight" investment rating. As a leading local education brand effect, it has a significant brand effect. In the future, expanding school construction and enrollment and developing a custody model are expected to support the company to maintain rapid growth. It is optimistic about the development prospects of the private education industry and the company's diversified business growth potential. In addition, the company's strengthening shareholder returns demonstrates long-term operating confidence. The adjusted net profit for the fiscal year 2024-2026 is expected to be 5.3/7.2/950 million yuan respectively, and the target price is 5.36 Hong Kong dollars.

Tags:

Prev: bossjiliph| FTSE A50 index futures rose rapidly and expanded to 1%
Next: 4numbersandpowerballpayout| A shares stand at 3100 points! The real estate sector is now trading