CICC issued a research reportbovegasbonuscodesMin Wah Holdings 'revenue last year increased by 6% year-on-year to HK$18.4 billion, and net profit increased by 20% to HK$2.3 billion, including from overseas marketsbovegasbonuscodesBoth revenue and profitability of our company accelerated improvement, driving performance during the period to exceed market expectations.

Looking forward to the advancement of domestic sales channel layout and the recovery of international demand, Minhua's future operating prospects are expected to steadily improve, raising its target price by 13% to HK$9 and maintaining its net profit forecast for the 2025 fiscal year at 27.bovegasbonuscodesHK$74 billion remains unchanged, and a new fiscal year 2026 profit forecast is 32bovegasbonuscodes.74 billion Hong Kong dollars, maintaining its "outperform industry" rating.