Share price is on a mid term uptrend and is now trending above all its key moving average lines. Despite currently hovering near its previous peak, indicators are showing bullish momentum. Resistance level of HKD4.30 is the hurdle to be broken.
Net profit is expected to grow at a CAGR of 32.8% for the next 3 years with improved margin estimated to be above 16%.
Source: Rakuten Research - 17 Apr 2023
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