GLONGHUI, Oct. 18 | According to a report from Lyon, BYD Electronics was happy, and its strong performance in the third quarter was mainly due to increased profit margins brought about by better operating leverage. The bank anticipates that organic growth and the release of profits from the acquisition of Jabil will continue to drive growth in its performance. Leon reiterated its purchase rating for BYD Electronics and adjusted profit expectations. The target price was raised from HK$47 to HK$51.1, which is still the bank's first choice in the mainland technology hardware industry.
里昂：升比亚迪电子目标价至51.1港元 第三季业绩强劲
Lyon: The target price of BYD Electronics was raised to HK$51.1 and the third quarter results were strong
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