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G Sachs Sets TP for LAOPU GOLD (06181.HK) at $1,168 as 1Q26 Results Far Beat
2026-03-24 11:41:59
LAOPU GOLD (06181.HK)'s 2025 net profit amounted to RMB4.868 billion, within the mid-high end of its profit alert range, Goldman Sachs released a research report saying.

The Company announced its preliminary results for 1Q26, which far exceeded market expectations, the report added. Of which, revenue is expected to reach RMB16.5-17.5 billion, 34-42% higher than 1H25 revenue, with the broker estimating a YoY growth of over 1x and a higher-than-expected net profit margin.

Goldman Sachs believed that this was mainly benefited from early stocking and operating leverage.

Therefore, the broker kept rating at Buy for LAOPU GOLD, with a target price of $1,168, corresponding to a projected 2026 PE ratio of about 25x.
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AASTOCKS Financial News
Website: www.aastocks.com