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PhillipCapital raises target price for Zixin Group to 6 cents

The Edge Singapore
The Edge Singapore • 3 min read
PhillipCapital raises target price for Zixin Group to 6 cents
Liang Chengwang, Zixin Group's executive chairman / Photo: Albert Chua
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Serena Lim Yi Qi and Paul Chew of PhillipCapital have maintained their upbeat call on sweet potato company Zixin Group after its 2HFY2026 earnings that exceeded expectations.

For the six months to March, Zixin reported earnings of RMB45.4 million, up 29.9% y-o-y, with revenue up 44.3% to RMB386.8 million in the same period on higher sales volumes. This brings its full year FY2026 earnings to RMB61.4 million, up 43.8%, and revenue of RMB607.5 million, up 43%.

The company reported a “robust” performance in the fresh sweet potato segment, with earnings nearly doubling thanks to higher sales volume.

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