Core Viewpoint - Bank of America Securities reports that Yadea Holdings experienced a 33% year-on-year revenue growth and a 38% year-on-year increase in sales during the first half of the year, benefiting from the trade-in subsidy policy and channel restocking demand [1] Financial Performance - Revenue increased by 33% year-on-year [1] - Sales volume grew by 38% year-on-year [1] - Gross margin reached 19.6%, up by 1.6 percentage points year-on-year [1] - Net profit rose by 60% year-on-year, aligning with previous performance forecasts [1] Investment Outlook - Bank of America Securities raised the target price for Yadea Holdings from HKD 17 to HKD 17.1, maintaining a "Buy" rating [1] - The firm believes that Yadea Holdings is likely to continue expanding its market share [1]
大行评级|美银:微升雅迪控股目标价至17.1港元 相信其有望持续扩大市场份额