HSBC Sticks to Their Hold Rating for Want Want China Holdings (WWNTF)
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In addition to HSBC, Want Want China Holdings also received a Hold from Morgan Stanley's Wilkins Tong in a report issued on June 27. However, on the same day, CICC maintained a Buy rating on Want Want China Holdings (Other OTC: WWNTF).
Based on Want Want China Holdings' latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.44 billion and a net profit of $931.69 million. In comparison, last year the company earned a revenue of $5.64 billion and had a net profit of $866.12 million
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