Gelonghui, November 21 | Bank of China Securities Research Report notes that Minhua Holdings (1999.HK) has maintained its “buy” rating. Under current share capital, considering that overseas demand is still under pressure, the company's FY2024-2026 EPS was 0.56/0.65/0.73, and PE was 10/9/8 times. The company announced its semi-annual report for the 2024 fiscal year. FY2024H1 achieved revenue of HK$8.938 billion, a decrease of 3.78%, and net profit of HK$1,136 billion, an increase of 4.02%. Operations remained steady under the weak recovery in domestic consumption and pressure from overseas demand. The bank believes that the company insists on improving product development capabilities and differentiated competitiveness, and is expected to release performance elasticity in the future in the context of a common recovery in domestic and foreign demand.