Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>G Sachs: KINGDEE INT'L (00268.HK) Expected to Swing to Profit of RMB60M+ Last Yr, Below Forecast; TP Dropped to $18.21
Recommend 9 Positive 7 Negative 13 |
||||
|
||||
|
Goldman Sachs published a research report maintaining a positive outlook on KINGDEE INT'L (00268.HK), leveraging its accumulated corporate data, use of AI and ability to help companies improve productivity. KINGDEE INT'L forecasted a turnaround from loss to profit in 2025, with a net profit of RMB60-100 million (compared to a net loss of RMB142 million in 2024), mainly benefiting from scale expansion and efficiency improvement. However, this forecast is below the broker's previous estimation of RMB178 million. Goldman Sachs incorporated KINGDEE INT'L's 2H25 guidance, and lowered its 2025-2027 profit forecasts by 47%/ 8%/ 6% each based on higher-than-expected operating expenses. The broker also dropped its target price from $18.98 to $18.21, with rating kept at Buy. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
