【招银国际】2Q23 was inline and FY23E guidance stayed.pdf

FY23E 预览 ： 行业逆风主要被考虑在内 ； 等待 FY24E 复苏

Dragged by 4Q22 but FY23E outlook still bright

FY23/24中期业绩点评：压铸订单延迟交付，下半财年业绩有望恢复增长

China Food & Beverage Sector - FY23 growth from re-opening and falling costs

FY23加大折扣以加速库存恢复正常

Reaccelerate on strong pipeline in FY23E

Gradual revenue and margin recovery in FY23

FY23业绩超预期，技术进步+产能扩张持续驱动未来高增长

中国汽车行业 - 2H22E可能击败;FY23E共识被夸大了

FY23 results missed and a moderate outlook