Health and Happiness (H&H) International Holdings (HK:1112) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Health and Happiness (H&H) International Holdings reports a slight decrease in revenue due to lower infant milk formula sales, offset by strong growth in adult and pet nutrition. Despite challenges in the infant nutrition sector, the company saw robust demand for its adult nutrition products and innovation in categories like Swisse Plus+ and gummies. The Group’s Adjusted EBITDA is expected to drop by 10%-20%, yet maintaining a mid-to-high teens margin.
For further insights into HK:1112 stock, check out TipRanks’ Stock Analysis page.