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SHENZHOU INTL Last Rises ~7%; 2024 NP Surges 37%
Recommend 5 Positive 6 Negative 4 |
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SHENZHOU INTL (02313.HK) opened 4.97% higher today and reached a peak of $59.1. It last traded at $59.1, up 6.87%, on a volume of 3.7548 million shares, involving $216 million. SHENZHOU INTL's full-year revenue for 2024 increased by 14.8% YoY to RMB28.663 billion, with net profit even surging by 36.9% to RMB6.241 billion. The company declared a final dividend of $1.28 per share, marking a spike of 18.5% YoY. BofA Securities has issued a report indicating that SHENZHOU INTL's revenue and net profit after tax exceeded expectations, while its core net profit aligned with forecasts. However, the broker cut its target price for the company from $76.6 to $73 to reflect escalated global trade tensions, though it kept the Buy rating unchanged. Nomura also lowered SHENZHOU INTL's target price to $99.9, with a Buy rating remaining in place. AAStocks Financial News |
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