Laopu Gold Co Ltd Ordinary Shares - Class H
06181: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|y# | LOCK|x>K | LOCK|NttjBXk |
Laopu Gold: Valuation Cut 20% on Softer Revenue Outlook; Shares Still Cheap
Laopu Gold's reported preliminary first-half revenue of CNY 19.8 billion-CNY 20.5 billion was up 60%-66% year on year. Adjusted net profit of CNY 4.31 billion-CNY 4.36 billion implies a net margin of 21.3%-21.8%, higher than the prior-year period 18.4% .
