Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>CMBI Raises J&T EXPRESS-W's TP to HKD14.7; 2025 Results Beat
Recommend 1 Positive 2 Negative 1 |
|
|
|
|
According to a report from CMBI, J&T EXPRESS-W (01519.HK)'s 2025 adjusted after-tax profit grew by 112% YoY to USD425 million, exceeding the broker's and the market's expectations by 22% and 16%, respectively. In CMBI's estimation, J&T EXPRESS-W's adjusted profit for 2H25 will rise by 151% YoY to USD272 million. Notably, the adjusted EBIT in new markets turned positive within the year. The strong performance has bolstered CMBI's confidence in the company's global growth. CMBI has lifted its target price for J&T EXPRESS-W from HKD13.4 to HKD14.7 and kept the Buy rating unchanged, remaining optimistic about the company's competitive advantage and market share growth potential in Southeast Asia, as well as the significant potential in new markets such as Brazil and the Middle East. AAStocks Financial News |
|
