Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00914 CONCH CEMENT
RTNominal unchange16.280 0.000 (0.000%)
Research Report

23/10/2019 15:29

{I-bank focus}Citi raises Conch Cement (00914) to HK$58

[ET Net News Agency, 23 October 2019] Citi Research raised its target price for Anhui
Conch Cement (00914) to HK$58 from HK$57 and maintained its "buy" rating.
The research house said Conch's 3Q net income (PRC GAAP) of Rmb8,556mn (up 10% YoY and
down 6.8% QoQ) was 11% above Citi's forecast. The beat was mainly due to very strong sales
volume in the quarter despite slightly lower ASP and lower than expected unit cost.
Citi revised up its earnings forecast by 4-6% to factor in higher sales volume and lower
unit costs. (KL)

Remark: Real time quote last updated: 28/03/2024 17:45
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.