The improved profitability accelerates the strengthening of the balance sheet and supports the efforts to repay the hybrid loan and return to dividend payments. The valuation is still not attractive, considering the risk level of the stock. Analyst Pauli Lohi summarizes.

We believe the strong performance is particularly related to better operational efficiency and improved market conditions.

HKFoods will announce its Q3 interim results on Wednesday, November 6 at around 8.30 am EET. The company’s positive earnings revision issued in September bodes well for earnings development.