As such, Liu and Chew expect a stronger performance in the 2HFY2025, driven by higher average selling prices and demand during the harvesting season in Liancheng County, which runs from late September to early January.
PhillipCapital analysts Liu Miaomiao and Paul Chew have maintained their “buy” call on Zixin Group Holdings (SGX:42W
) while upgrading the company’s target price estimate from 5 cents to 5.6 cents. The report, dated Nov 27, follows the analysts’ visit to Zixin’s factory and plantations in Liancheng County, China from Nov 19 to 22.
In 1HFY2025 ended Sept 30, the analysts note that government investments into food security infrastructure and Zixin’s research and development (R&D) have increased the volume and shelf life of sweet potatoes by 160% and 328%, respectively.
