Daiwa downgraded U-PRESID's rating to "Underperform" and lowered the target price to HKD 7.3
Daiwa published a report indicating that it has downgraded the rating of U-PRESID CHINA (00220.HK) from "Outperform" to "Underperform," with the target price lowered from HKD 9.8 to HKD 7.3.
The report stated that competition from fresh beverage and bottled beverage manufacturers is becoming increasingly intense. With increased channel investment, the beverage business may face cost pressures. The firm expects that U-PRESID CHINA's earnings in the fourth quarter of 2025 will decline by 38% year-on-year, to RMB 133 million. At the same time, it has lowered the earnings per share forecast for 2025 to 2027 by 4% to 14%
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