GO
| HSI1 | 25,116.85 | 0.00 | -- |
| HSCEI1 | 8,340.83 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
|
2026-08-14 15:14:25 Jefferies published a report stating that HUA HONG GRACE (01347.HK)'s 2Q revenue met expectations, while gross margin and EBIT exceeded expectations on the back of higher average selling prices and cost control measures. Net profit missed expectations due to lower-than-expected other income. The company's 3Q revenue guidance came in below expectations, while gross margin guidance was in line with expectations. Jefferies maintained its Hold rating on HUA HONG GRACE. The TP was raised from HKD91 to HKD140. Revenue forecasts were largely unchanged, but gross margin forecasts for 2026 to 2027 were raised by 3.8 ppts to reflect a faster-than-expected recovery in gross margin. However, intense competition and overcapacity in mature-node manufacturing processes may still pressure its overall profitability.(ha/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |