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<Research>CICC:GWMOTOR (02333.HK) Estimated Results in Line; Rating Outperform
Recommend 8 Positive 16 Negative 2 |
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GWMOTOR (02333.HK) forecasted its 2024 net profit to increase by 76.6-85.1% YoY to RMB12.4-13 billion, while net profit after deducting non-recurring gains and losses to be RMB9.4-10 billion, up 94.5-106.9% YoY, CICC released a research report saying. The estimated results are in line with expectations. Therefore, CICC maintained its 2024/ 2025 earnings forecasts for the Group, and estimated its 2026 attributable net profit to reach RMB17.5 billion, with rating kept at Outperform and a target price of $19. AAStocks Financial News |
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