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2025-11-26 14:59:14 VITASOY INT'L (00345.HK)'s 3Q25 mainland market revenue dropped by 9% YoY, with plant-based milk categories dropping by 10% and tea categories rising by 5%, a slowdown compared to the double-digit growth in the same period last year, according to Macquarie's research report. In addition, the company's revenue in the Hong Kong market also fell by 4%, as the weakened Vitaland unit, Macau operations, and export businesses to the US offset its robust performance in this market. Macquarie has revised down its FY26-27 net profit forecasts for VITASOY INT'L by 16.3% and 13.3% and its target price for the company from HKD10 to HKD7.4, but the Outperform rating remained unchanged. ~ AAStocks Financial News Web Site: www.aastocks.com | |