Zixin Group's Earnings Likely to Stay on Upward Trajectory -- Market Talk

Dow Jones06-03

0648 GMT - Zixin Group's profit after tax and minority interests is likely to stay on an upward trajectory, Phillip Securities Research says in a note. The company's PATMI is expected to rise 31.6% in FY 2026, aided by 60% expansion in processed sweet potato capacity and by around 25% increase in cold storage capacity for fresh sweet potato, the team says. The sweet potato biotech-focused value chain operator's sales of processed sweet potatoes is improving as Chinese consumers become more health-conscious and Zixin Group boosts its presence via increased marketing spending. The brokerage raises the stock's target price to S$0.060 from S$0.056 with an unchanged buy rating. Shares are 5.9% lower at S$0.032. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 03, 2025 02:48 ET (06:48 GMT)

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The company's PATMI is expected to rise 31.6% in FY 2026, aided by 60% expansion in processed sweet potato capacity and by around 25% increase in cold storage capacity for fresh sweet potato, the team says. The sweet potato biotech-focused value chain operator's sales of processed sweet potatoes is improving as Chinese consumers become more health-conscious and Zixin Group boosts its presence via increased marketing spending. The brokerage raises the stock's target price to S$0.060 from S$0.056 with an unchanged buy rating. Shares are 5.9% lower at S$0.032. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 03, 2025 02:48 ET (06:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"42W.SI","symbol_name":"紫心集团控股有限公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2540474798","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540474798","pubTimestamp":1748933280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0648 GMT - Zixin Group's profit after tax and minority interests is likely to stay on an upward trajectory, Phillip Securities Research says in a note. 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