DBS Lowers SINO LAND (00083) Target Price to HK$10.42, Maintains "Buy" Rating
Stock News
Sep 01
DBS released a research report stating that SINO LAND (00083) recorded core profit of HK$5.1 billion for the fiscal year 2025 ending June, representing basically stable year-on-year growth and meeting expectations. The final dividend per share was maintained at HK$0.43, while net cash holdings increased to HK$49.5 billion, providing room for potential acquisitions. The bank lowered its target price from HK$10.56 to HK$10.42, maintaining a "Buy" rating.
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