According to a research report issued by Bank of America Securities on September 2, the net profit of Hong Kong China Travel Service (0308.HK) in the first half of the year was 5 million Hong Kong dollars, while the adjusted non-recurrent income was a loss of 251 million Hong Kong dollars, in line with expectations. The business recorded a loss of HK $20 million to HK $120 million. Maintain the "buy" rating, be optimistic about its risk-return attraction, and lower its core profit forecast for this year and next, from HK $1.80 to HK $1.53, to reflect the delay in customs clearance. The stock is now trading at HK $1.14, with a latest market capitalization of HK $6.3 billion.
大行评级 | 美银证券:维持香港中旅(0308.HK)买入评级 目标价1.53港元
Big Bank rating | Bank of America Securities: maintain the purchase rating target price of HK $1.53 for Hong Kong China Travel Service (0308.HK)
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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