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<Research>BofAS: CHINA GAS HOLD (00384.HK) Full-yr NP Misses; TP Dropped to $5.3
Recommend
4
Positive
2
Negative
2
CHINA GAS HOLD (00384.HK) recorded a net profit of approx.$3.25 billion for FY2025 ended March 2025, 12% below market consensus, according to a research report issued by BofA Securities. Its FY2025 core profit fell by 10% YoY and missed market consensus by 25%, while operating data was generally in line with expectations.

Considering the above factors, BofA Securities lowered its 2026-2028 EPS estimations for CHINA GAS HOLD by 23-24%, and dropped its target price from $6 to $5.3, believing that its dividend yield of 6.8% does not fully reflect the risks, with rating kept at Underperform.

Related NewsBOCI Downgrades CHINA GAS HOLD (00384.HK) to Hold as FY2025 NP Misses
Due to recurring impairment and cost overrun, the market is expected to reduce its EPS predictions for the company.
AASTOCKS Financial News
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