Tiger'sRichesRoar| BOCOM International: Maintain the "Buy" rating target price of HK$27.75 for Kingsry Biotechnology

Bank of Communications International released a research report sayingTiger'sRichesRoar, maintain the "Buy" rating of Kingsley Biotechnology (01548), with a target price of 27Tiger'sRichesRoar.75 Hong Kong dollars. The bank expects new indications for CarvyktiTiger'sRichesRoarThe approval of the company will promote a significant reduction in product OOS, and gradually release new production capacity. Sales are expected to increase rapidly quarter by quarter starting from the second half of the year. As the investment and financing environment continues to recover, the performance of the CDMO (Prosperous Biology) sector has a chance to exceed expectations. For the life sciences services segment and Bestek, the company guides strong annual revenue growth of 15%-20% and 20%-30%(@CER, comparative effects study).