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| HSI1 | 25,311.21 | -18.52 | 216.69B |
| HSCEI1 | 8,450.10 | -12.54 | 66.58B |
| Back Zoom + Zoom - Block Traded | |
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2026-09-02 12:13:14 CMBI issued a research report stating that HORIZONROBOT-W (09660.HK)'s revenue for the first half increased 33% YoY, and was 9% below the broker's forecast due to lower-than-expected average selling prices. However, gross margin for the first half remained flat YoY at 66%, exceeding the broker's forecast by 5.6 ppts. The broker expected HORIZONROBOT-W (09660.HK)'s revenue growth in the second half to return to above 60% YoY as the HSD product mix expands, while average selling prices are expected to rise to RMB712. The broker also forecast the company to turn profitable in fiscal 2028. Considering weak domestic automobile sales, the broker lowered its revenue forecasts for HORIZONROBOT-W (09660.HK) for fiscal 2026-28 by 7%, 4% and 4%, respectively, while raising gross margin forecasts to 64.2%, 61.9% and 60.3%. The target price was cut from HKD7.8 to HKD7, while the "Buy" rating was maintained. (sl/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |