B.grimm Power - Forex Loss to Weigh on Net Profit, but Strong Core Profit in 3Q24E
We expect weak 3Q24E net profit due to a forex loss, while core profit should have remained strong. We have revised up the 2024E core profit and...
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B.grimm Power - Negatives Largely Priced In; Pursuing GreenLeap Growth Strategy
In addition, unrealized forex losses have already been factored into our revised 2024-26E net profit forecasts, which have been adjusted downward...
153 Views
B.grimm Power - 2Q24 Core Profit Growth QoQ; FX Loss Pressured NP as Expected
We maintain our view that the 2-year core profit is on an uptrend. Meanwhile, the current valuation sees limited tactical downside risk.
162 Views
B.grimm Power - Expect 2Q24E Core Profit Growth QoQ but NP Pressured by FX Loss
We expect the 2Q24E core profit to have grown further QoQ, but FX losses likely weighed on net profit, resulting in a weak YoY and QoQ performance.
113 Views
B.grimm Power - In-Line, Solid Core Profit in 1Q24, with FX Loss Weighing on NP
The 1Q24 core profit grew in line with the projection, accounting for 21% of our full-year 2024E core profit forecast, which we have maintained.
185 Views