敏实集团：Solid outlook in both auto and new businesses-20260324

24 Mar 2026 CMB International Global Markets | Equity Research | Company Update Minth Group (425 HK) Solid outlook in both auto and new businesses Maintain BUY. Minth's revenue and GPM in aluminium business unit missed our expectation in 2H25, as sales volume with a key client fell short and some business transition was delayed following WKW's bankruptcy. Its 2H25 net profit was largely in line, thanks to its opex control. Management's aggressive 5-year revenue target gives us more confidence in Minth's ord ...