KC: Solid Underlying Market Operating Data Drive 1Q21 Performance
KC will report 1Q21 results on May 18th before the markets open with an 8am conference call. We are positive into its 1Q21 performance. Based on our data and calculations, KC’s total revenue is likely to be within its guidance range of RMB 1,830M - RMB 1,930M and better than consensus expectation at RMB 1,883M (35.3% Y/Y growth).
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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