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花旗首予中国休闲食品(01262-HK)买入评级，目标价定为3.10港元

Citigroup gave China Snack Food (01262-HK) the first purchase rating, with a target price of HK$3.10

花旗集團 ·  Jan 17, 2012 14:46  · Researches

Citigroup published a report. It gave China Snack Food (01262-HK) the first purchase rating. The target price was set at HK$3.10, corresponding to a price-earnings ratio of 10.7 times in 2012. The bank indicates that China's snack food has a leading position in the snack market. It expects revenue to increase by 18% to 34% and profit to increase by 21%-43% in 11-13, mainly supported by increased production and improved gross margin.

China's snack food rose 4.03% daily to close at HK$2.09.

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