<Research Report>HUTCHISON (00013) rated Buy with TP kept at HK$92 by GS

AAFN - Research Report

HUTCHISON (00013) rated Buy with TP kept at HK$92 by GS

2012-08-03 13:51:39

Size

HUTCHISON (00013)'s core net profit for the first half of 2012 excluding gain from property revaluation and another one-off gain equaled HK$9.38 billion, in line with Goldman Sachs' estimate.

HUTCHISON's pretax profit grew by 12% year-on-year, mainly driven by Cheung Kong infrastructure, retail operations and terminal businesses.

On the other hand, HUTCHISON maintained its interim dividend at HK$0.55.

HUTCHISON was maintained Buy with target equaling HK$92 by Goldman Sachs on compelling valuation.

AAStocks Financial News
Fax: 852 2186 8286
Email: newsroom@aastocks.com
Web Site: www.aastocks.com

News Provided by AASTOCKS.com

Hotline:(852) 2186 8685

Email:support@aastocks.com

Sitemap

Back to the Top

AASTOCKS.com

Mainpage

Products

Market

Quotes

Analysis

News & Research

Warrants

CBBCs

MPF

US Stocks

Forex

Funds

Members

About Us

AASTOCKS

China Site

Note: AASTOCKS.com Ltd endeavors to ensure the accuracy and reliability of the information provided but does not guarantee its accuracy or reliability and accepts no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.