Bank of China International released a research report today saying that with the integration of the coal industry and the steady recovery of the macroeconomy, demand in the coal industry has risen sharply. Up to now this year, the revenue of International Coal Machinery (01683-HK) has achieved a relatively rapid growth in revenue, maintaining the stock's buying rating, and reducing the target price to HK$5.05. The report also pointed out that the company achieved a slight increase in profit margins by reducing external procurement of parts. In addition to endogenous growth, the company aims to complete an acquisition in 2010, and the current stock price is attractive. The International Coal Machine closed at HK$3.61 for the whole day.
中银国际维持国际煤机买入评级,降目标价为5.05港元
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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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