Fufeng Group (HKG:0546) Expansion Into Consumer Pack MSG, A Royal Bank of Scotland (RBS)(LON:RBS) Research Report

  Hong Kong, China, Aug 18, 2010 - (ABN Newswire) - Fufeng Group Limited (HKG:0546) (PINK:FFNGY) earnings grew 30% yoy in 1H10 to Rmb460m, in line with both our forecasts and Bloomberg consensus. We have fine-tuned our earnings forecasts for FY10-12. Maintain Buy, HK & #36;7.10 target price.MSG margin likely to improve hoh in 2H10 Total revenue grew 45.4% yoy in 1H10 to Rmb2,988m, slightly better than our estimate.  

Sydney

  [ Change ]
 
Today

Possible shower.
Tomorrow

Min: 13°
Max: 20°
Possible morning shower.
 

Account

Login

To access your account and listings



Remember me
   
   
   
 
 
Find Hunter Valley accommodation online