GF Securities: Maintains "Buy" Rating on MAOGEPING (01318.HK), Fair Value HK$73.68; Expects Q3 Revenue to Grow 22%-24% YoY

Zhito Finance APP has learned that GF Securities issued a research report maintaining a "Buy" rating and a fair value of HK$73.68 per share for Mao Geping (01318.HK). The bank expects the company to achieve net profit attributable to parent of RMB 1.79 billion in 2027. The company released its operating conditions and financial performance for the third quarter of 2026, expecting third-quarter revenue to grow 22%-24% year on year and net profit to grow 22%-24% year on year, with profit growth accelerating compared with the first half. For the first three quarters, revenue is expected to grow 24%-26% year on year and net profit is expected to grow 20%-22% year on year, with the net profit margin remaining stable. The bank believes that the company has deep brand equity and solid consumer mindshare for its core hero products, and is optimistic that growth will continue during the peak season.