4Q preview: sales/adj. EBITDA +18%/+36%
4Q23 earnings preview: NP to be flat QoQ
2Q23 preview: solid earnings growth despite social entertainment business adjustment
FY22 Preview: Strong execution of “3+3 Strategy”; Raise TP to HK$2.66
–1H23 preview:Better ASP to offset shipment weakness; Focus on demand recovery in 2H23E
4Q22 Preview: earnings recovery remains bumpy; Maintain HOLD
FY22E preview; Bumpy recovery in 2023
1H23E preview: Expect profit decline on weak coal price
2022 preview: Fruitful BD deals
–1H23E Preview: strong growth despite industry headwinds; expect back-loaded in 2H23E