[New post] China Galaxy: Hengan Intl Group

alanyeo posted: " Weak sales and margin outlook■ Hengan reported a revenue drop of 8.7% yoy to Rmb10.0bn in 1H21, and a netprofit drop by 17.7% yoy to Rmb1.9bn, below our expectations, due to more intense competition and the impact of the emerging community group purchase" Respond to this post by replying above this line New post on Alpha Edge Investing China Galaxy: Hengan Intl Group by alanyeo Weak sales and margin outlook■ Hengan reported a revenue drop of 8.7% yoy to Rmb10.0bn in 1H21, and a netprofit drop by 17.7% yoy to Rmb1.9bn, below our expectations, due to more intense competition and the impact of the emerging community group purchase channel.■ Hengan benefited from its low-cost wood pulp inventory in 1H21, but […] Read more of this post alanyeo | August 20, 2021 at 2:41 pm | Tags: Hengan | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-384 Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/20/china-galaxy-hengan-intl-group/ Thanks for flying with WordPress.com