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<Research>UBS Lifts SINOPEC CORP's TP to HKD7.8, Rating Buy
Recommend 5 Positive 7 Negative 5 |
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According to a report from UBS, SINOPEC CORP (00386.HK)'s 2025 net profit dropped by 37% YoY to RMB31.8 billion, in which the net profit for 4Q25 fell by 70% YoY to RMB1.8 billion. The overall operational performance was largely in line with the broker's expectations. The report highlighted asset impairment losses and continued weakness in the fundamentals of the chemical and refining industries as the factors that weighed on the 4Q25 earnings. UBS has elevated its target price for SINOPEC CORP from HKD7.3 to HKD7.8 and given the company a Buy rating. AAStocks Financial News |
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