Goldman Sachs: Yue Yuen Industrial (Holdings) Limited (00551.HK) Q3 profit warning in line with expectations; estimates net profit margin improved quarter-on-quarter.

Zhitong Finance APP has learned that Goldman Sachs released a research report stating that Yue Yuen Group's (00551.HK) third-quarter profit warning is in line with the bank's already lowered expectations, and it estimates that the net profit margin improved quarter on quarter. The bank maintains a "Buy" rating with a 12-month target price of HK$15.9.