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VITASOY INTERNATIONAL HOLDINGS LIMITED

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Vitasoy International : shares set to open 11.2% lower after Chinese call online for boycott

07/04/2021 | 09:40pm EDT

HONG KONG, July 5 (Reuters) - Shares of Vitasoy were set to drop 11.2% on Monday after a worker sent around a memo offering condolences to the family of a colleague who stabbed a Hong Kong policeman, triggering online calls in China for a boycott of the company.

In a statement on the Chinese social media platform Weibo on Saturday, Vitasoy said a staff member had circulated a memo that it described as "extremely inappropriate" without authorisation, and the company reserved the right to take legal action.

Shares of Vitasoy were set to open down 11.2% at HK$26.1. (Reporting By Donny Kwok; Editing by Himani Sarkar)


ę Reuters 2021
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Financials
Sales 2022 7 245 M 932 M 932 M
Net income 2022 318 M 40,9 M 40,9 M
Net cash 2022 949 M 122 M 122 M
P/E ratio 2022 26,2x
Yield 2022 1,21%
Capitalization 19 859 M 2 553 M 2 554 M
EV / Sales 2022 2,61x
EV / Sales 2023 2,28x
Nbr of Employees 6 826
Free-Float 71,2%
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Technical analysis trends VITASOY INTERNATIONAL HOLDINGS LIMITED
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Income Statement Evolution
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Mean consensus UNDERPERFORM
Number of Analysts 4
Last Close Price 18,56 HKD
Average target price 22,73 HKD
Spread / Average Target 22,4%
EPS Revisions
Managers and Directors
Roberto Guidetti Group Chief Executive Officer & Executive Director
Kin Shing Lau Group Chief Financial Officer
Yau Lai Lo Executive Chairman
Shwu Pyng Tzeng Chen Group Senior Director-Research & Development
Shing Suet Lau Chief Executive Officer-Hong Kong Operations
Sector and Competitors