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<Research>G Sachs Narrowly Cuts POU SHENG INT'L (03813.HK) TP to $0.55, Rating Kept Buy
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Goldman Sachs issued a research report after attending the briefing following POU SHENG INT'L (03813.HK)'s 3Q25 results release. China's sportswear industry demand/ promotional environment/ competition were as acute as expected, with management suggesting this could continue into next year. Goldman Sachs adjusted its 2025-27 net profit forecasts for POU SHENG INT'L from -3% to +2% to reflect the 3Q25 results and the slowdown in revenue recovery in 2026. The 12-month target price was lowered from HK$0.6 to HK$0.55, with Buy rating maintained on the company. AAStocks Financial News |
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