Morgan Stanley expects Haier SmartHome's fourth quarter revenue growth to accelerate to mid-to-high single digits.
Zhixin Finance APP learned that Morgan Stanley released a research report stating that Haier SmartHome (06690) performed as expected in the third quarter, expecting a better trend in the fourth quarter; the bank expects its fourth quarter revenue growth to accelerate to the mid-to-high single digits, mainly driven by domestic market household appliances' "old-for-new" support, and the expectation of a 15% or more year-on-year increase in recurring net profit under continued efficiency measures. The bank rates the company's H shares as "synchronized with the broader market".