[New post] CIMB: Dairy Farm Int’l

alanyeo posted: " Toning down recovery expectations■ 1H21 underlying profit of US$32.1m (-81% hoh, -69% yoy) disappointed. Keydrags were 1) lower government grants, and 2) weaker associate earnings.■ 2H21F likely to remain challenging with 1) lack of Chinese tourist arriv" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Dairy Farm Int'l by alanyeo Toning down recovery expectations■ 1H21 underlying profit of US$32.1m (-81% hoh, -69% yoy) disappointed. Keydrags were 1) lower government grants, and 2) weaker associate earnings.■ 2H21F likely to remain challenging with 1) lack of Chinese tourist arrivals inHK, and 2) ongoing Covid-related movement restrictions in Southeast Asia.■ We lower expectations on pace of margin recovery […] Read more of this post alanyeo | August 2, 2021 at 12:35 pm | Tags: dairy farm, DairyFarm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2ko 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/2021/08/02/cimb-dairy-farm-intl/ Thanks for flying with WordPress.com