At the end of the day, Dasai shares (01405) rose more than 4%, and as of the time of publication, it rose 4.7%, to HKD 62.35, with a turnover of HKD 12.63 million.
According to the News section of the Wise Finance App, Dasai shares (01405) rose more than 4% at the end of the day, and as of the time of publication, it has risen 4.7%, to HKD 62.35, with a turnover of HKD 12.63 million.
In terms of news, Domino's China franchisee Dasai shares announced that it expanded again in early May, entering three cities in a week: Taizhou, Huizhou, and Jinhua, and has expanded to 33 cities in China, operating more than 850 stores. The company plans to open its 1,000th store in China in the fourth quarter of 2024. Among them, the first store in Huizhou and Jinhua broke Dasai's daily store sales record and reached a new high as soon as it opened.
Zheshang Securities pointed out that Dasai shares are currently in a period of upward cycle for both store efficiency and store expansion, with strong growth potential, and there is still more than doubled the space for store expansion compared with Pizza Hut. We expect that rapid store expansion will drive a revenue growth rate of around 30% in 2024H1, and net income will be close to turning from loss to profit.