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<Research>CCBI Cuts BYD ELECTRONIC (00285.HK) TP to $47, Still Recommends Buy
Recommend 15 Positive 24 Negative 16 |
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CCB International's research report covered BYD ELECTRONIC (00285.HK), which posted a 2% YoY downfall in revenue for 3Q25 at RMB42.7 billion, below the broker's forecast. This was primarily due to weaker components and intelligent products. Net profit for the period was RMB1.4 billion, down 9% YoY but up 27% QoQ, slightly below the broker's expectations. The broker lowered the target price on BYD ELECTRONIC from HKD52 to HKD47, maintaining a Buy rating. AASTOCKS Financial News Website: www.aastocks.com |
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