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<Research>JPM Keeps Overweight on LAOPU GOLD; 1Q26 Guidance Strong
Recommend 9 Positive 11 Negative 5 |
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LAOPU GOLD (06181.HK)'s 2025 results and 1Q26 outlook came in strong, JPMorgan said in its research report. In 2025, LAOPU GOLD's revenue and earnings increased by 221% and 230% YoY, respectively, reaching the midpoint of the positive profit alert. More encouragingly, the group preliminarily expects its 1Q26 sales and earnings to reach RMB16.5-17.5 billion and RMB3.6-3.8 billion, accounting for 44-47% and 52-54% of JPMorgan's full-year forecast, respectively. JPMorgan has kept an Overweight rating on LAOPU GOLD, with a target price of HKD1,296. AAStocks Financial News |
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