Strong Sales Momentum and Profit Growth Expected for Zhejiang Leapmotor Technology Co., Ltd. Despite Adjusted Target Price
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Ji Shi, an analyst from CMB International Securities, maintained a Buy rating on Zhejiang Leapmotor Technology Co., Ltd. Class H, despite lowering the price target to HK$73.00. The company's strong sales momentum and profit growth are expected to continue, with overseas sales volume projected to more than double in FY26. Net profit for FY26 is forecasted to rise significantly to RMB3.5 billion. The Buy rating is supported by resilient vehicle gross margins and higher-than-anticipated revenue for 3Q25.
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