bullish

China Feihe

China Feihe (6186 HK) – Completion of channel restructuring continues to drive a steady 2H recovery

182 Views23 Sep 2022 01:34
Broker
We moderately trim our 2022/23E earnings by 6-7% p.a as we now attempt to factor-in 1) a lower GPM (by average 0.8pp) due to higher non-infant milk formula contribution
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  • China Feihe (6186 HK) – Completion of channel restructuring continues to drive a steady 2H recovery
    23 Sep 2022
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