Glonghui, March 29 | Citigroup released a report saying that Hanson Pharmaceuticals' revenue increased 7.7% year-on-year to 10.1 billion yuan last year, and net profit increased 26.9% year-on-year to 3.3 billion yuan. Management expects revenue contributions from innovative drugs to increase to 70% this year, and targets double-digit sales growth this year. The bank raised the company's revenue forecast for this year and next year by 8.6% and 2.7%, respectively, and raised earnings estimates by 29.5% and 15.4% per share. Its target price was raised from HK$25 to HK$28, maintaining its rating as “buy”.
大行评级｜花旗：上调翰森制药目标价至28港元 维持“买入”评级
Bank Rating | Citibank: Raising Hanson Pharmaceuticals Target Price to HK$28 to Maintain “Buy” Rating
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