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bearish
Sinotrans
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Sinotrans (598 HK): We Are Concerned About the near Term Challenges
Equity Bottom-Up
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06 Apr 2023 00:00
After a weak 4Q22 result, we think there are risks that 1Q23 and 1H23 earnings may not come out as expected. Market consensus forecast of 10% net profit decline in FY23 is still overly bullish.
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