Core Viewpoint - Goldman Sachs reports that Angelalign's revenue for the first half of the year reached $161 million, representing a 33% year-on-year increase, exceeding the bank's expectations, primarily driven by rapid expansion in overseas markets [1] Financial Performance - Revenue for the first half of the year was $161 million, up 33% year-on-year [1] - Gross margin remained stable at 62.4%, unchanged from the same period last year [1] - Domestic business maintained good profitability despite strategic price adjustments [1] - Overseas gross margin increased from 58.3% in the same period last year to 61.2% [1] Guidance and Valuation - Management raised the full-year case volume guidance to between 490,000 and 500,000, indicating a year-on-year growth of approximately 36% to 39% [1] - Using the Sum of the Parts (SOTP) valuation method, Goldman Sachs raised its target price from HKD 78.8 to HKD 81.3, maintaining a "Buy" rating [1]
大行评级｜高盛：上调时代天使目标价至81.3港元 评级“买入”