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<Research>UOB Kay Hian Downgrades CHINA OVS PPT to Hold, Slashes TP to HKD4.3
Recommend 1 Positive 2 Negative 2 |
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UOB Kay Hian has released a research report predicting that CHINA OVS PPT (02669.HK) will report a YoY drop of 9.5% in the 2025 net profit attributable to shareholders, given that pressure on gross margins, continued weakness in engineering services, and deteriorating collection conditions will have offset revenue growth. Based on the reduced earnings forecasts and limited short-term catalysts, UOB Kay Hian has downgraded CHINA OVS PPT's rating to Hold and cut its target price from HKD7 to HKD4.3. AAStocks Financial News |
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