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<Research>CLSA Trims CHINA UNICOM (00762.HK) TP to $8.8 on Disappointing 2H25 Results
Recommend 3 Positive 7 Negative 4 |
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CHINA UNICOM (00762.HK) had a disappointing 2H25 results, with total service revenue/ net profit declining by 0.6%/ 7.2% YoY respectively, primarily due to a decrease in connectivity and communication revenue, along with moderate growth in computing and smart digital application revenue, CLSA issued a research report saying. The broker lowered its 2026/ 2027 net profit forecasts for CHINA UNICOM by 11%, and trimmed its target price from $11 to $8.8, reflecting weak revenue growth, with rating at Outperform. AASTOCKS Financial News Website: www.aastocks.com |
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