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Northbaze Group: Low Sales, Cost Consciousness and Strong Outlook - Redeye

Redeye states that while sales came in lower than expectations, the company continues to impress on the cost side. Both in gross margins and OPEX. Also, the company is very optimistic about a strong H2. As of now we keep our view of the company and maintain our valuation.

Redeye states that while sales came in lower than expectations, the company continues to impress on the cost side. Both in gross margins and OPEX. Also, the company is very optimistic about a strong H2. As of now we keep our view of the company and maintain our valuation.
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