17 August 2026 | 5:22AM HKT Equity Research Milkyway (603713.SS) Earnings Review: 2Q26 results largely inline; customer mix optimization the key to watch ahead; Buy 603713.SS 12m Price Target: Rmb80.70 Price: Rmb65.56 Upside: 23.1% Milkyway reported its 2Q26 results after market close on Aug 13 and held an analyst briefing call on Aug 14. Despite an unfavorable FX environment, 2Q26 delivered a record-high NP (up +10% yoy to Rmb197mn), largely inline with our expectations. This robust bottom-line performance ...