ISDN Holdings' Business Recovery Seems to Be on Track -- Market Talk

Dow Jones

03-11

0656 GMT - ISDN Holdings' business recovery seems to be on track, CGS International's William Tng says, noting all of the industrial automation solutions provider's segments saw revenue rebound in 2H 2024 versus the prior six months. Also, management has been cautiously optimistic on the 2025 outlook, the analyst says in a research report. According to management, the company's core industrial automation business should benefit from China's strategic priority to address labor shortages and demographic challenges via automation and advanced manufacturing. The brokerage lifts its 2025-2026 revenue forecasts for ISDN Holdings by 4.7%-5.7%, and raises the stock's target price to S$0.40 from S$0.35 with an unchanged add rating. Shares are unchanged at S$0.35. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

March 11, 2025 02:56 ET (06:56 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Also, management has been cautiously optimistic on the 2025 outlook, the analyst says in a research report. According to management, the company's core industrial automation business should benefit from China's strategic priority to address labor shortages and demographic challenges via automation and advanced manufacturing. The brokerage lifts its 2025-2026 revenue forecasts for ISDN Holdings by 4.7%-5.7%, and raises the stock's target price to S$0.40 from S$0.35 with an unchanged add rating. Shares are unchanged at S$0.35. 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Also, management has been cautiously optimistic on the 2025 outlook, the analyst says in a research report. According to management, the company's core industrial automation business should benefit from China's strategic priority to address labor shortages and demographic challenges via automation and advanced manufacturing. The brokerage lifts its 2025-2026 revenue forecasts for ISDN Holdings by 4.7%-5.7%, and raises the stock's target price to S$0.40 from S$0.35 with an unchanged add rating. Shares are unchanged at S$0.35. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"I07.SI":"亿仕登","BK6090":"重型电气设备","BK6504":"工业制品概念"},"translate_title":"ISDN Holdings的业务复苏似乎步入正轨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"I07.SI":0.6},"content_text":"0656 GMT - ISDN Holdings' business recovery seems to be on track, CGS International's William Tng says, noting all of the industrial automation solutions provider's segments saw revenue rebound in 2H 2024 versus the prior six months. Also, management has been cautiously optimistic on the 2025 outlook, the analyst says in a research report. According to management, the company's core industrial automation business should benefit from China's strategic priority to address labor shortages and demographic challenges via automation and advanced manufacturing. The brokerage lifts its 2025-2026 revenue forecasts for ISDN Holdings by 4.7%-5.7%, and raises the stock's target price to S$0.40 from S$0.35 with an unchanged add rating. Shares are unchanged at S$0.35. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 11, 2025 02:56 ET (06:56 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}