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<Research>Daiwa Keeps Buy on CRYSTAL INTL but Cut TP to HKD8.8
Recommend 6 Positive 1 Negative 5 |
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CRYSTAL INTL (02232.HK)'s 2H25 results were mixed, Daiwa wrote in its research report. The report highlighted a key positive factor that CRYSTAL INTL's regular dividend payout ratio surged to a historical high of 68%. The management even reiterated that the absolute amount of future dividends will not decrease despite the large-scale Egypt project. Daiwa has lowered its target price for CRYSTAL INTL from HKD9 to HKD8.8 but kept the Buy rating unchanged. AASTOCKS Financial News |
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