
GO
HSI1 | 24,231.30 | -138.41 | 383.17B |
HSCEI1 | 8,914.03 | -24.06 | 180.15B |
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2025-03-07 15:12:31 JD-SW (09618.HK) (JD.US)'s 4Q24 results beat expectations, UBS released a research report saying. Revenue rose 13% YoY, while both adjusted operating profit and net profit grew 34%, beating the market's general expectations by 9%/ 10%/ 19% respectively. The broker believed that the Group's development outlook is optimistic, with strong growth in the sale of electronic products and home appliances expected to sustain in 2025. UBS continued to list JD-SW as its top pick for China's internet sector, and raised its target price to $261 from $250, with rating reiterated at Buy. The broker also lifted its 2025/ 2026 EPS forecasts by 4-5%. ~ AAStocks Financial News Web Site: www.aastocks.com |