On August 27, MINTH GROUP declined 5.25% in regular trading, trading at HK$28.1/share, with turnover of HK$38.68 million. The stock quickly gave back gains after surging over 7% in the prior session following its interim results announcement.
On August 25, the company reported H1 results with revenue rising 9.1% year-over-year to RMB 13.408 billion and attributable profit increasing 12.3% to RMB 1.434 billion, with basic EPS of RMB 1.235. However, the board simultaneously announced no interim dividend for the period, disappointing investors who had previously been guided toward a minimum 30% annual payout ratio. The combination of earnings-driven gains being realized and the no-dividend decision triggered selling pressure.
Deutsche Bank had previously forecast H1 net profit at RMB 1.43 billion with a target price of HK$42.3, maintaining a Buy rating. UBS holds a target of HK$48, citing growth potential in robotics and liquid cooling businesses.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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