V i e w p o i n t | 28 Oct 2024 09:33:48 ET │ 11 pages Yutong Bus (600066.SS) 3Q Result Beat; Lift FY24 NP to Rmb3.53bn CITI'S TAKE Yutong reported 3Q24 NP of Rmb758mn (+31% YoY), beating market consensus of Rmb630-660mn, which we mainly attribute to top line beat and better-than-expected Opex control. The company reallocated aftersales service items from selling expense to gross profit, weighing 9M24 GPM by 3-4ppt, and if adjusting back, we estimate 3Q24 adjusted GPM around 22.5%, in-line with market conse ...

SEPTEMBER 2024 1 HUNGRY FOR GOOD JOBS: FOOD SERVICE WORKERS IN PUBLIC SCHOOLS LABOR CENTER SARA HINKLEY A REPORT FROM THE UC BERKELEY LABOR CENTER Acknowledgements Many thanks to Aida Farmand at the UC Berkeley Labor Center for modeling the public program participation of food service workers. This report benefited greatly from the feedback of Jennifer Gaddis of the University of Wisconsin (as well as her years of work in this area) and from conversations with Debbie Friedman and Eva Ringstrom with the Food ...