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Arowana’s performance is lower than expected, brokerage lowers target price

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CBN 2021-08-13 16:08:04

Editor in charge: Hao Yunying

Arowana, known as “Youmao”, disclosed its first-half performance on the evening of the 11th, showing that operating income in the first half of the year was 103.2 billion yuan, an increase of 18.7% year-on-year; the net profit attributable to shareholders of listed companies was 2.97 billion yuan, a year-on-year decrease of 1.2%. Yesterday, Arowana’s stock price opened low and went low, closing 4.57% lower at 73.04 yuan, with a market value of 396 billion yuan.

Arowana’s performance is lower than expected, brokerage lowers target price

Arowana, known as “Youmao”, disclosed its first-half performance on the evening of the 11th, showing that operating income in the first half of the year was 103.2 billion yuan, an increase of 18.7% year-on-year; the net profit attributable to shareholders of listed companies was 2.97 billion yuan, a year-on-year decrease of 1.2%. Yesterday, Arowana’s stock price opened low and went low, closing 4.57% lower at 73.04 yuan, with a market value of 396 billion yuan.

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