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HKFoods Q3’24: Better – but still waiting for the beef
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.
Content:
00:00 Intro
00:09 How is the company doing?
00:32 Debt situation
02:12 Valuation and recommendation