[New post] CIMB: Ten Pao Group

alanyeo posted: " Boosting capacity to meet customer demand■ 1H21 net profit surged 100% yoy to HK$190m. We deem this in line at 48%of our FY21F as we believe material cost pressure will continue in 2H21F.■ We estimate 2H21F revenue to decelerate 33% yoy on delayed custom" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Ten Pao Group by alanyeo Boosting capacity to meet customer demand■ 1H21 net profit surged 100% yoy to HK$190m. We deem this in line at 48%of our FY21F as we believe material cost pressure will continue in 2H21F.■ We estimate 2H21F revenue to decelerate 33% yoy on delayed customerorders due to persistent global ICs shortages.■ Reiterate Add. Our TP rises […] Read more of this post alanyeo | August 25, 2021 at 1:57 pm | Tags: Ten Pao Group | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3f9 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/2021/08/25/cimb-ten-pao-group/ Thanks for flying with WordPress.com