南旋控股：Stable forecast with an aggressive expansion plan

concerns about capital funding and expect to see a rebound in the gearing ratio. TARGET PRICE HK$ - Nameson (01982.HK) recorded a YoY 4.9% decline in the topline in FY 2023/24 to HKD 4,378.9mn. As a result of a 1.5p.p. increment in gross margin and a decrease in the +852 3896 2965 2701 – 2703, 27/F, Infinitus Plaza, 199 Des Voeux Rd 1 | RESEARCH ◼ Shrinking market size for knitwear products 2 . Cash Flow 4 Investors should assume that West Bull Securities is seeking or will seek investment banking or other ...