No Data
No Data
Hong Kong Stock Movement | SINOFERT (00297) rises over 6% as last year's net profit increased nearly 70% year-on-year, the "Biological+" Global Strategy accelerates implementation.
SINOFERT (00297) rose more than 6%, currently up 6.78%, priced at 1.26 HKD, with a trading volume of 0.286 billion HKD.
Sinofert Holdings Enters Lease Framework Agreement for Office Premises
Guozheng International: Assigns a "Buy" rating to SINOFERT with a Target Price of HKD 1.6.
Guozheng International released a Research Report stating that it is expected that SINOFERT (00297) will achieve Net income of 1.23/1.38/1.53 billion for the years 2025-2027, representing year-on-year increases of 15.5%/12.4%/10.8%. The firm is Bullish on SINOFERT's development of biological + new fertilizers, with continuous optimization of sales volume and profit margins improving year by year. Finally, the Target Price is raised to 1.6 Hong Kong dollars, with a rating of 'Buy'. The main points from Guozheng International are as follows: Performance meets expectations. In 2024, SINOFERT is expected to achieve revenue of 21.27 billion yuan, a year-on-year decrease of 2.1%, with a Net income of 1.06 billion yuan, a year-on-year growth of 69.5%.
Returns At Sinofert Holdings (HKG:297) Appear To Be Weighed Down
Sinofert Holdings Declares Final Dividend for 2024
Hong Kong stock Concept tracking | The national spring farming preparation is in full swing, and various regions are entering the peak season for fertilizer use (with related Concept stocks included).
Currently, the domestic urea market is steadily rising, and new orders are performing well.