Sichuan Baicha Baidao Industrial (HKG:2555) expects to post net profit of 780 million yuan to 840 million yuan for 2025, representing an increase of 62.5% to 75% from about 480 million yuan a year earlier, according to a March 13 Hong Kong bourse filing.
Shares of the tea drink manufacturer were up more than 8% in Monday's late-morning trade.
The expected growth was mainly driven by improved core operating performance, including optimization of its store network, stronger product development, and expansion of product categories.
The company said its full-year results are expected to be published by the end of March.
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