1H FY10/26 results: In-house factory profit missed our estimates

Research evidence excerpt

1H FY10/26 results: In-house factory profit missed our estimates

APR - Consumer Coverage Cluster

Investment rating Company BofA Ticker Bloomberg symbol Analyst

Hindustan Unilever HINLF HUVR IN Aditya Mathur

Hisense Home Appliance XMBQF 000921 CH Lucy Yu

Hisense Home Appliance HISEF 921 HK Lucy Yu

ITC ITCTF ITC IN Aditya Mathur

Jason Furniture XVZDF 603816 CH Yoyo Pang

Kao KAOCF 4452 JP Kentaro Hosoda

KOSE Holdings KOSCF 4922 JP Kentaro Hosoda

Kusuri No Aoki Holdings XADAF 3549 JP Arashi Nishizawa

Laopu Gold XLGBF 6181 HK Ronald Leung, CFA

Man Wah Holdings MAWHF 1999 HK Yoyo Pang

MINISO Group Holdings MNSO MNSO US Lucy Yu

MINISO Group Holdings XKTAF 9896 HK Lucy Yu

Pop Mart POPMF 9992 HK Alice Ma

Proya Cosmetics XPXCF 603605 CH Lucy Yu

Robam Appliance XVPDF 002508 CH Lucy Yu

Suntory Beverage & Food STBFF 2587 JP Manabu Sumoge

Tata Consumer Products XTCUF TATACONS IN Aditya Mathur

Tingyi TCYMF 322 HK Jack Chen

Topsports International Holding Ltd. TPSRF 6110 HK Lucy Yu

Tsuruha Holdings TSUSF 3391 JP Arashi Nishizawa

Unicharm UNCHF 8113 JP Kentaro Hosoda

Uni-president China UNPSF 220 HK Jack Chen

Wuliangye Yibin YBWUF 000858 CH Chen Luo, CFA

Yamada Holdings YMDAF 9831 JP Arashi Nishizawa

Yonghui Superstores Co Ltd XQYXF 601933 CH Lucy Yu

Yue Yuen YUEIF 551 HK Yoyo Pang

UNDERPERFORM

Anjoy Foods XSWCF 603345 CH Jack Chen

Bairun XSBZF 002568 CH Jack Chen

Colgate-Palmolive India CPIYF CLGT IN Aditya Mathur

Eclat ECLAF 1476 TT Ronald Leung, CFA

Feng Tay FTGYF 9910 TT Ronald Leung, CFA

Fuling Zhacai XSRTF 002507 CH Jack Chen

Gambol Pet XYEDF 301498 CH Alice Ma

Giant Manufacturing GTMUF 9921 TT Ronald Leung, CFA

Hotel Shilla HSLLF 008770 KS Ahyung Cho

Jiangsu Yanghe Brewery XJBTF 002304 CH Chen Luo, CFA

Kobayashi Pharmaceutical KBYPF 4967 JP Kentaro Hosoda