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bullish
China Yongda Automobile Services Hldg
Watchlist
Yongda Automobiles (3669 HK) – New-Car GPM May Bottom Out in 2H23E
Equity Bottom-Up
232 Views
29 Aug 2023 01:13
Broker
Maintain BUY. Yongda’s 1H23 net profit fell 40% YoY to RMB 407mn, slightly lower than our prior forecast but higher than some investors’ pessimistic expectation.
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