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ANJOY FOOD Leaps 8% Post-Results; Citi Raises TP to HKD106
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ANJOY FOOD (02648.HK) opened 8.2% higher this morning (29th) and once climbed to a peak of HKD94.1 in early trading. It last traded at HKD89.65, up 8.01%, with a volume of 1.8426 million shares, involving HKD167 million.

Citi's research report said ANJOY FOOD's 1Q26 net profit was far beyond expectations with a YoY increase of 43% on a hotter-than-expected YoY revenue growth (31%) and improved gross margin. Citi lifted its target price for ANJOY FOOD from HKD99.1 to HKD106 and kept the Buy rating unchanged.

Related News ANJOY FOOD (02648.HK) 1Q26 Net Profit RMB563 million, Up 42.7% YoY


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