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<Research>Daiwa: Slightly Lower CKI HOLDINGS (01038.HK) Div. Hike May Hint at M&A Opportunities
Recommend 9 Positive 11 Negative 7 |
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CKI HOLDINGS (01038.HK)'s 2024 net profit rose 1% YoY, and the management attributed the modest slowdown in earnings growth to a YoY decrease in foreign exchange gain and adjustments to tax policies from the governments of Australia, Europe and Canada, Daiwa issued a research report saying. The Group's final DPS hiked by $0.01 YoY, down from $0.02 in 2021-2023, which in the broker's view may suggest that there may be M&A opportunities in the future. Therefore, Daiwa rated the Group at Buy. AAStocks Financial News |
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