GO
| HSI1 | 25,884.43 | 0.00 | -- |
| HSCEI1 | 8,612.15 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
|
2026-07-31 16:02:21 Based on LAOPU GOLD (06181.HK)'s positive profit alert for 1H, both revenue and profit growth would have slowed radically YoY and QoQ in 2Q, BofA Securities said in a research report. Based on the median forecast, 2Q revenue would have sagged 23% YoY, while net profit would have been flat YoY. Revenue and profit may slip 82% and 83% QoQ respectively. The broker believed weak revenue is partly offset by better margins, as lower gold prices should lift gross margin to above 40%. As 2Q is traditionally a low season for gold and jewelry demand, paired with the company's potential launch of more promotional campaigns and new products in 2H, the broker lately expected revenue and profit to improve QoQ in 3Q and 4Q. It also noted that if gold prices stabilize, some pent-up demand may be released. BofA Securities chopped its earnings forecasts for LAOPU GOLD for 2026 and 2027 by 15% and 20% respectively, to RMB6.7 billion and RMB7.3 billion respectively, and cut its TP from HKD774 to HKD350, while reiterating a Neutral rating. ~ AASTOCKS Financial News Website: www.aastocks.com | |