[New post] CIMB: AAC Technologies

alanyeo posted: " GPM pressure could persist in FY21-22F■ 2Q21 net profit rose 45% yoy, still 22%/12% below our/Bloombergconsensus, due to weak GPM recovery in acoustic and optic segments.■ We are less positive on GPM recovery in FY21F/22F due to the slow specupgradesin a" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: AAC Technologies by alanyeo GPM pressure could persist in FY21-22F■ 2Q21 net profit rose 45% yoy, still 22%/12% below our/Bloombergconsensus, due to weak GPM recovery in acoustic and optic segments.■ We are less positive on GPM recovery in FY21F/22F due to the slow specupgradesin acoustic and aggressive pricing strategy in optics business.■ We downgrade AAC from Add to Hold. […] Read more of this post alanyeo | August 27, 2021 at 3:10 pm | Tags: AAC Technology | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3lP 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/2021/08/27/cimb-aac-technologies/ Thanks for flying with WordPress.com