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<Research>UOB Kay Hian Adds CHINA RES MIXC's TP to HKD43, Expects 2025 Core NP to Have Grown 12%
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UOB Kay Hian has published a research report predicting CHINA RES MIXC (01209.HK)'s 2025 core net profit/ revenue to have grown by 12.2%/ 6.8% YoY. Specifically, CHINA RES MIXC's property management business revenue is anticipated to have risen by only 1.4% because of an immense contraction in value-added services revenue. On the bright side, last year's commercial operation business revenue is estimated to have surged by 16.8% on the strength of increased shopping mall revenue. UOB Kay Hian has kept a Hold rating on CHINA RES MIXC and raised its target price from HKD41.1 to HKD43. AAStocks Financial News |
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