According to the information from the WiseNews app, Morgan Stanley released a research report stating that Vitasoy Int'l (00345) has an 'outperform' rating, and the profit forecast for the 2025 to 2027 fiscal years has been lowered by 38%, 38%, and 30% to consider adverse weather, market competition, and deleveraging of operations, resulting in a 27% decrease in the target price for Vitasoy Int'l to HK$6.9.

The report states that despite the challenges in the beverage market, it is still expected that Vitasoy Int'l's revenue in the first half of the 2025 fiscal year will increase by 2.2%, while operating profit will increase by 9.3% year on year. The group has not been immune to the impact of adverse weather and market competition in the mainland market, but the performance in the Hong Kong market remains resilient.