Monday
Mar022009
Anta (2020 HK, HK$3.65): Keep expanding - BUY (unchanged)
Monday, March 2, 2009 at 5:30PM FY12/08A results in line. Unit cost down behind 6.5pcp gross margin expansion. Further margin improvement likely due to cost down. Expand store count from 5,667 to 6,200 in FY12/09F. Trendy sneaker and kids series have been well accepted since launched. Strengthening brand influence. Target price unchanged at HK$5.76.
tagged
2020,
sportswear in
BUY,
Research Report
2020,
sportswear in
BUY,
Research Report 
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