Crystal International Group Limited's stock plummeted 5.16% during intraday trading on Friday, reflecting investor concerns following recent analyst actions and financial performance updates.
Daiwa Capital Markets reaffirmed its "Buy" rating on the stock but reduced its target price from HK$9 to HK$8.8. The adjustment came after the company's second-half 2025 results showed revenue and earnings per share approximately 5% and 2% below market expectations, respectively.
Management has adopted a more conservative stance for 2026 revenue and margin guidance, citing heightened global uncertainties including Middle East conflicts, oil price volatility, and tariff risks. While the company increased its regular dividend payout ratio to a record 68% and committed to maintaining absolute dividend amounts, these positives were overshadowed by the near-term earnings miss and cautious outlook.