CMB International issued a research report stating that POLY PPT SER (06049) recorded a 5.3% year-on-year increase in net profit for the first half of the year, in line with market forecasts, while total revenue grew 6.6% year-on-year. The company achieved robust growth in third-party expansion, though non-owner value-added service revenue declined 16.1% year-on-year and community value-added services fell 3.7%.

The firm maintains its "buy" rating for the company and raised the target price by 2%, from HK$54.03 to HK$54.91. However, the firm noted that the company's policy of not paying interim dividends failed to meet some investors' expectations. Although the company increased its dividend payout ratio by 10 percentage points to 50% for fiscal year 2024, it remains at a relatively low level compared to industry peers.