Goldman Sachs Group lowered the target price of 1136.HK from HK $2.70 to HK $2, while that of 0743.HK from HK $3.70 to HK $3.2.He pointed out that the profits of cement companies were under pressure in the first half of the year, mainly due to a sharp drop in cement prices in the mainland. although cement prices have stabilized recently, it is believed that even driven by construction demand, there will be only a moderate increase from September to October. Reduce the profit forecasts of Taiwan mud and Asia mud for fiscal year 12 by 43% and 60% respectively.
高盛降低台泥(1136.HK)、亚泥(0743.HK)目标价
Goldman Sachs Group lowers the target price of 1136.HK and 0743.HK
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