Lyon released a research report sayingdeuceswildcasino, maintain Haidilao (06862)'s "Outperform" rating, and increase its target price from HK$19 to 20deuceswildcasino.6 Hong Kong dollars.
The bank said that it recently held a meeting with the company's management and believed that the company could achieve its goal of increasing revenue by more than 15% year-on-year in the first half of the year based on the turn-over rate and year-to-date unit price performance. Many investors believe that the improvement in profit margins will be more obvious in the second half of the year, but based on staff costs, they believe that restaurant profit margins are expected to increase in the first half of the year.
