叮当健康:Expect steady growth with policy tailwinds

M N 4 Jun 2024 CMB International Global Markets | Equity Research | Company Update Dingdang Health (9886 HK) Expect steady growth with policy tailwinds Dingdang Health (Dingdang) reported healthy post-pandemic earnings growth Target Price HK1.65for2023.RevenuereachedRMB4,857mn,up12.21.65 for 2023. Revenue reached RMB4,857mn, up 12.2% YoY, while the adjusted (Previous TP HK7.65) non-IFRS net loss was further narrowed by 17.2% YoY to RMB107mn, Up/Downside 24.8% indicating continuous economies of scale. Looking forward, we expect Dingdang Current Pri ...