0128 GMT - Valuetronics Holdings is expected to remain profitable in FY 2026 despite a volatile trade environment, UOB Kay Hian analysts say, citing the company's commentary. Its integrated manufacturing base in Vietnam and established core strengths in China could support its operational resilience, they say in a research report. Also, many of the electronic manufacturing services provider's clients who ship to the U.S. have shifted production to Vietnam from China, helping it to mitigate the impact of trade tensions, the analysts add. The brokerage raises the stock's target price to S$0.83 from S$0.78 to reflect a valuation roll-over, and maintains a buy rating. Shares are unchanged at S$0.695. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
June 02, 2025 21:28 ET (01:28 GMT)
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