Citigroup released a research report stating that HAITIAN INT'L (01882) reported a 10% year-on-year increase in revenue and a 7% rise in net profit for the previous year, reaching RMB 17.7 billion and RMB 3.3 billion, respectively. While revenue met expectations, net profit was slightly below forecasts. The bank anticipates only 7% revenue growth in 2026, lower than management's expectations, primarily due to an expected year-on-year decline in order volume for the first quarter of 2026. Recent increases in oil prices may also impact global consumer spending. Meanwhile, the group projects double-digit growth in overseas markets for this year, with single-digit growth in the domestic Chinese market. The report mentioned that Citigroup has lowered its profit forecasts for the group for this year and next by 8% each, while reducing its target price from HK$30 to HK$27.50. It maintains a "Buy" rating on the stock.