Worst Likely Over for China Mengniu Dairy -- Market Talk

Dow Jones

03/26

0004 GMT - China Mengniu Dairy's earnings are likely to begin recovering this year as margins expand on a cyclical rebound in raw milk prices and improved operating leverage, Citi analyst Xiaopo Wei says in a note. Core net profit in 2025 fell 13% but beat Citi's forecast. The bank says upside came from stronger operating cash flow, up 5%, and a 2% increase in dividend per share despite the profit decline. Mengniu also announced a three-year plan to raise dividends while maintaining its share-repurchase pace. Citi maintains its buy rating with a target price of HK$21.10. (venkat.pr@wsj.com)

(END) Dow Jones Newswires

March 25, 2026 20:05 ET (00:05 GMT)

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Core net profit in 2025 fell 13% but beat Citi's forecast. The bank says upside came from stronger operating cash flow, up 5%, and a 2% increase in dividend per share despite the profit decline. Mengniu also announced a three-year plan to raise dividends while maintaining its share-repurchase pace. Citi maintains its buy rating with a target price of HK$21.10. (venkat.pr@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2026 20:05 ET (00:05 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0228367735.SGD","symbol_name":"Eastspring Investments - Asian Equity Fund AS SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2622885599","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622885599","pubTimestamp":1774483500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0004 GMT - China Mengniu Dairy's earnings are likely to begin recovering this year as margins expand on a cyclical rebound in raw milk prices and improved operating leverage, Citi analyst Xiaopo Wei says in a note. 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Core net profit in 2025 fell 13% but beat Citi's forecast. The bank says upside came from stronger operating cash flow, up 5%, and a 2% increase in dividend per share despite the profit decline. Mengniu also announced a three-year plan to raise dividends while maintaining its share-repurchase pace. Citi maintains its buy rating with a target price of HK$21.10. (venkat.pr@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 25, 2026 20:05 ET (00:05 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}