HK Stock Market Move | MAO GEPING (01318) rose more than 3%, the company's performance in the first half of the year has increased significantly, institutions say the brand still has a large growth space.

MAO GEPING (01318) rose more than 3%, as of the time of writing, it rose by 3.59% to 101 Hong Kong dollars, with a turnover of 2.41 billion Hong Kong dollars. In terms of news, in the first half of this year, MAO GEPING achieved a revenue of 2.588 billion yuan, a year-on-year increase of 31.28%; net profit was 670 million yuan, a year-on-year increase of 36.11%. Zheshang commented that the company's performance in the first half of the year showed high growth, and it is optimistic about the company's high-end positioning and the scarcity of Oriental aesthetics, as well as the synergy of multiple categories and channels. CMSC stated that as a rare high-end positioning makeup artist brand in China, MAO GEPING is in a period of increasing brand momentum, with explosive product driving and a second-tier matrix layout. In terms of channels, offline stores are steadily expanding, online channel operations are strengthening, repeat purchase stickiness is increasing, and the brand still has significant growth potential.