Glonghui, May 30, 丨 According to the report, based on the 2022 performance of Everbright Environment (0257.HK), its net profit forecast for this year and next two years was lowered. The earnings forecast per share was lowered from HK$0.91 and HK$0.93 to HK$0.86 and HK$0.89, while the 2025 forecast was raised from HK$0.84 to HK$0.87. Damo reiterated that Everbright Environmental is China's leading provider of comprehensive environmental solutions, focusing on WTE, WWT and hazardous waste treatment. Considering the current lack of catalysts, it maintains a “in sync with the market” rating and lowered the target price from HK$3.98 to HK$3.63 based on profit forecast adjustments, which is equivalent to predicting a price-earnings ratio of 4.2 times this year. The stock is currently reported at HK$306, with a total market value of HK$18.8 billion.