Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research> BOCI Raises YANKUANG ENERGY (01171.HK) TP to HKD17.8, Rating Buy
Recommend 4 Positive 5 Negative 2 |
||||
|
||||
|
BOCI issued a report stating that, under China Accounting Standards, YANKUANG ENERGY (01171.HK) reported 1Q26 profit rising 42% YoY to RMB3.96 billion. The earnings growth was mainly attributable to RMB2.9 billion in proceeds from the disposal of a coal mine. Core profit declined 61% YoY, primarily due to higher costs at Yancoal Australia.
The broker expects core profit to increase significantly over the next few quarters as the full benefits from recent rises in coal and chemical product prices are gradually reflected.
The broker reiterated its Buy rating on YANKUANG ENERGY and raised its TP from HKD16.18 to HKD17.8. (ha/u) AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
