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<Research>BofAS: MEITU's 2025 Adjusted NP Slightly Beats
Recommend 9 Positive 16 Negative 4 |
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MEITU (01357.HK) is expecting its 2025 non-GAAP adjusted net profit to have grown by 60-66% to RMB938-973 million, according to a report from BofA Securities. The median growth of 63% to RMB955 million slightly exceeds market expectations and BofA Securities' forecast by 1%, which BofA Securities attributed to two drivers: rapid growth in product revenue and operational leverage effects. BofA Securities has kept a Buy rating on MEITU, with a target price of HKD11.3. AASTOCKS Financial News |
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