Glory Times on October 30th | Lyon's report stated that WH Group (0288.HK) sales in the last quarter increased by 3%, net income more than doubled, mainly benefiting from optimizing its usa business, leading to a rise in net profit margin to 6%. However, Lyon believes that WH Group's mainland business still faces profit pressure, mainly affected by stagnant pork sales volume and average selling prices, but the recovery rate of packaged meat is expected to be faster than anticipated. Based on the latest business situation, Lyon remains bullish on WH Group, reiterating the 'outperform the market' rating, raising the target price from HK$6.45 to HK$7.55, an increase of 17.1%.