Earnings Reviews (NETBAY, SIS, TTW, WICE)
WICE's 2Q22 net profit beat our forecast by 49% thanks to a better-than-expected GPM and lower-than-expected SG&A expenses. The net profit was...
89 Views
Resilient but No Excitement
TTW's earnings from the tap water business have been steady despite the COVID-19 outbreak. The expansion of bottom-line growth should be driven by...
92 Views
Upbeat 3Q20 Results on CKP's Fabulous Performance
TTW's 3Q20 earnings beat our forecast thanks to the seasonal peak of CKP's performance. We, however, keep our full-year earnings estimate...
81 Views
Uplift Rating to Buy
TTW is expected to post an outstanding net profit in 3Q20E thanks to a big jump in shared profit from CKP, whose earnings should pick up strongly...
86 Views
2Q20 NP within Expectation
TTW's 2Q20 results were in line with the expectation on the resilient tap water business, weighed down by the loss contribution from CKP. The...
88 Views