Deutsche Bank published a research report indicating that U-PRESID CHINA (00220.HK) is expected to achieve performance in the second half of 2024 and the fourth quarter that is basically in line with expectations. In regard to the instant noodle business, although the company's management said it is still too early to determine whether the strong sales momentum of the first two months of this year can continue throughout the year, the bank maintains a cautious optimistic view on the company in 2025.

Based on U-PRESID's performance last year and management's operational guidance for this year, the bank has raised its net profit forecast for 2025 to 2027 by an average of about 2%, adjusting the Target Price from 8.8 yuan to 9.1 yuan, and maintaining a "Buy" rating.