[New post] CIMB: Sunac

alanyeo posted: " Focusing on financial discipline■ Sunac's core net profit was up just 1% yoy in 1H21 as high property salesbooking growth was offset by gross margin contraction.■ It plans to spend 20% of contracted sales for land acquisition in 2H21F (downfrom 38% in 1H" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Sunac by alanyeo Focusing on financial discipline■ Sunac's core net profit was up just 1% yoy in 1H21 as high property salesbooking growth was offset by gross margin contraction.■ It plans to spend 20% of contracted sales for land acquisition in 2H21F (downfrom 38% in 1H21), which makes sense given its sufficiently large land bank.■ It targets to […] Read more of this post This post is ad-supported ​ alanyeo | September 1, 2021 at 2:14 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3tl 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/2021/09/01/cimb-sunac/ Thanks for flying with WordPress.com