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<Research>Citi Keeps CATHAY PAC AIR (00293.HK) Rating at Sell w/ TP $11.2
Recommend 5 Positive 4 Negative 3 |
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CATHAY PAC AIR (00293.HK) announced its annual results for the year ended December 2025, with core profit for 2H25 reaching $6.1 billion, up 7% YoY, Citi Research issued a research report saying. Excluding contributions from associated companies, core profit was $5.4 billion, up 43% HoH and 8% YoY. The annual results met 107%/ 108% of full-year estimations of the broker/ market. Apart from the Middle Eastern conflicts, Citi Research kept rating at Sell for CATHAY PAC AIR, primarily due to weak growth in outbound tourism from China, with a target price of $11.2. AASTOCKS Financial News Website: www.aastocks.com |
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