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<Research>G Sachs Lifts NONGFU SPRING's TP to HKD48, Reiterating Buy Rating
Goldman Sachs has released a research report predicting NONGFU SPRING (09633.HK) to achieve sales of RMB25.4 billion and a net income of RMB7.3 billion in 1H25, representing a YoY ...
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<Research>G Sachs Lifts NONGFU SPRING's TP to HKD48, Reiterating Buy Rating
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Goldman Sachs has released a research report predicting NONGFU SPRING (09633.HK)  -0.500 (-1.100%)    Short selling $91.09M; Ratio 22.618%   to achieve sales of RMB25.4 billion and a net income of RMB7.3 billion in 1H25, representing a YoY growth of 15% and 17%, respectively, broadly in line with the broker's expectations.

Looking ahead to 2H, the broker believes that NONGFU SPRING's performance will continue improving on the low base effect, coupled with the group's product innovation capabilities and flexible channel and marketing strategies.

Related NewsCiti Elevates NONGFU SPRING (09633.HK) TP to $53.3, Expects 22% Increase in 1H25 NP
Goldman Sachs lifted its target price for NONGFU SPRING from HKD43.6 to HKD48, reiterating the Buy rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)

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