Morgan Stanley Forecasts 8% Rise in CKH HOLDINGS' Underlying Net Profit for Last Year, Rates "Overweight"

Stock News
Feb 27

Morgan Stanley has issued a research report predicting that CKH HOLDINGS (00001) will announce its fiscal 2025 results in mid-March. The bank forecasts underlying net profit of HKD 22.4 billion, an 8% year-on-year increase, with full-year dividends per share of HKD 2.26, up 3% compared to the previous year, implying a dividend yield of 3.6%. According to the bank's estimates, CKH HOLDINGS' current share price corresponds to a forward price-to-earnings ratio of 11 times and a forward price-to-book ratio of 0.44 times for 2025. Morgan Stanley has assigned an "Overweight" rating to the stock with a target price of HKD 61.

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