CICC Raises WH GROUP TP to HKD11; 1Q25 Profit In Line
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CICC has raised the target price for WH GROUPto HKD11, reflecting a 15.8% increase. The company reported a revenue of USD28.026 billion for 2025, an 8% year-on-year increase, with a net profit of USD1.591 billion. For 1Q25, revenue grew 6.7% to USD6.994 billion, and net profit rose 8.8% to USD396 million. CICC maintained its full-year earnings forecast and introduced a 2027 profit forecast of USD1.76 billion, citing operational stability and a solid dividend profile.
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