Shiyue Daotian Forecasts Up to 69% Boost in 2025 Profit

MT Newswires Live01-16

Shiyue Daotian (HKG:9676) expects an adjusted net profit of between 550 million yuan and 590 million yuan for the year 2025, up 58% to 69% from 349 million yuan a year prior, according to a Friday Hong Kong bourse filing.

The staple food manufacturer attributed the forecast to an anchoring of its strategy in "Staple Food + Snack Food," as well as product diversification and channel expansion.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment