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大行评级丨高盛:维持呷哺呷哺“买入”评级 目标价5.6港元

Big Bank Ratings丨Goldman Sachs: Maintaining Xiabuxiabu's “Buy” Rating Target Price: HK$5.6

Gelonghui Finance ·  Aug 9, 2023 14:33
On August 9, GLONGWI | Goldman Sachs released a research report stating that to maintain Xiabuxiabu's “buy” rating, the target price is HK$5.6. The company released Yingxi on August 7. Revenue for the first half of 2023 is expected to increase 32% year-on-year to 2,846 billion yuan. Lower than the bank's forecast, adjusted net profit of 34 million yuan, which is also lower than the forecast of 6%. Although impairment losses increased due to factors such as store closures, other increases in revenue offset some of the losses. The bank expects that on August 28, investors will focus on: the company's latest recovery trends and company outlook for the second half of the year; updated annual guidelines, including store expansion and net profit; progress in penetration into new regions and market feedback; updates on cost control measures and profit margin improvements, and long-term restaurant profit margin targets by brand.

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