Glonghui, May 9 丨 Jefferies published a report stating that Sasha International (0178.HK) is expected to record a net profit of between 183 million and 203 million Hong Kong dollars in the second half of the fiscal year. According to the bank, the figure is higher than the bank's estimate of HK$53 million, and believes that as sales recover better than expected, operating leverage will play a greater role. This gave the bank more confidence in the Group's 2024 and FY25 forecasts, which were 78% and 34% higher than market forecasts, respectively. The rating is “buy”, with a target price of HK$2.6. The report cites that the Group expects to make a profit of 50 million to HK$70 million for the full fiscal year 2023, compared to a loss of HK$344 million in fiscal year 2022. The stock is currently reported at HK$172, with a total market value of HK$5.3 billion.
大行评级 | 富瑞：莎莎料下半财年录纯利介于1.83亿至2.03亿港元 评级买入
Big Bank Ratings | Jefferies: Sasha's net profit for the second half of the fiscal year is expected to be between HK$183 million and HK$203 million purchased
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