里昂研究报告指，H&H国际控股(01112.HK) 发盈警料中期纯利跌幅介乎45%至65%，经调整净利润增长1%至15%，销售额增长中单位数。该行见到其婴儿配方奶粉业务(IMF)有良好势头，因有效吸纳新客户，而成人营养与护理产品(ANC)及宠物营养与护理产品(PNC)业务亦有加速增长的潜力。
该行将H&H国际控股2025年净利润预测下调17%，以反映债务置换引致的一次性成本，同时将2026至27年的净利润预测上调3%至5%，以反映成人营养与护理产品业务的稳健表现及婴儿配方奶粉业务的良好势头。将目标价由11.5元升至13.5元，维持“跑赢大市”评级。(ss/u)(港股报价延迟最少十五分钟。沽空资料截至 2025-07-04 16:25。)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.