22 May 2023 1Q23 Sportswear industry – Anta 1Q23 performance was inline with previous guidance. Core brand retail YoY sales growth reported at MSD, with an accelerating growth in March compared to Jan-Feb, and the fast growth sustained into early
22 May 2023 China sportswear market has rose at an 8.8% CAGR in 2018-22 to Rmb411bn last year, and iiMedia Research suggests that by 2025, the market size could reach Rmb599bn, which translates to a CAGR of 13.4% in 2022-2025,
17 May 2023 Pentamaster’s 1Q23 revenue increased 13.2% YoY from MYR146.0m in 1Q22 to MYR165.3m. Automated Test Equipment (ATE) segment revenue slightly declined 2.8% YoY to MYR111.2m on some delay in project delivery. Factory Automation Solutions (FAS) segment revenue surged
02 May 2023 Per GGRAsia, Macau’s casino GGR reached MOP14.72bn in April 2023, up 15.6% from MOP12.74bn in March, and up 450% YoY, according to data released on Monday by the local regulator, the Gaming Inspection and Coordination Bureau. The
28 Apr 2023 Doomsday, a new tower defense style strategy game, gained strong growth momentum after the company launched global mass user acquisition in Mar. The game’s daily gross billing rapidly approached US$300k in mid-Apr. We expect Average Monthly Gross
17 Apr 2023 2M23 telecom industry continued to be driven by new business, especially Cloud computing. Steady 5G user penetration growth for big three telcos while CT has the highest 5G penetration rate. 5G buildout cycle has already peaked, structural change
30 Mar 2023 NFI’s FY22 topline was up by 6.8% YoY to Rmb1,719m. Offline sales, which accounted for 657.8% of FY22 sales (FY21: 63.5%), recorded a 2.9% YoY drop last year on the back of i) 18.4% YoY drop in
29 Mar 2023 Tai Hing’s FY22 revenue declined by 15.7% YoY to HK$2.68bn, with revenues from HK & Macau/China dropped by 10.9%/32.3% YoY to HK$2.19bn/HK$0.48bn mainly due to the resurgence of pandemic in both markets. GPM slightly increased by 0.3ppt
28 Mar 2023 FY22 revenue was up by 15.0% YoY to Rmb18.6bn, mainly due to 1) 24.4% YoY growth in NG sales, which accounted for 65.7% of total revenue (FY21: 61.3%), driven by 8.3% YoY growth in NG sales/delivery volume
28 Mar 2023 Wasion’s FY22 NP increased by 20.8% YoY to Rmb323.8m on the back of 27.6% YoY increase in turnover to Rmb5.9bn. Both top and bottom line beat our estimate by 14% and 9% respective. A final DPS of
