Earnings GrowthEarnings are poised for rebound with a forecasted 12% topline recovery, driven by sportswear and casual wear orders, and an expected GP margin expansion.
Market ShareThe stock rating was upgraded to BUY, with a 12-month price target raised to HKD67.5, attributed to market share gains across key customers.
Strategic ExpansionThe company's strategy is pivoting towards expanding its capacity in Southeast Asia, with new plants planned in Indonesia, enabling the company to meet brand customers’ requirements to diversify their sourcing needs.