CICC released a research report sayingblockchaincutiesgame, increase the target price of Uni-President Enterprise China (00220) by 11% to 8blockchaincutiesgame.3 Hong Kong dollarsblockchaincutiesgame, the basic 2024/25 profit forecast remains unchanged and the investment rating of "outperform the market" is maintained.
The bank pointed out that Uni-President China's product innovation continues to advance and actively arranges sugar-free tea tracks, such as the launch of new products such as Uni-President sugar-free green tea "Chunfu Green Tea", 900ml Haizhiyan electrolytic water, NFC tomato juice, etc.; In the past few years, the company has improved its channel power and the results have gradually emerged; CICC also said that Uni-President China's beverage industry has maintained a relatively high degree of prosperity, and it is expected that the annual profit margin is expected to be restored, and it is optimistic that the company's full-year performance will be realized.