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| HSI1 | 21,971.96 | -8.78 | 169.03B |
| HSCEI1 | 8,080.19 | -0.35 | 62.45B |
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2025-04-28 11:14:56 CHOW TAI FOOK (01929.HK) announced its operating data for the fourth quarter of FY2025 ended March 2025 showing that same-store sales at its self-operated stores in mainland China fell 13% YoY, slightly beating Goldman Sachs' forecast of a 15% decline, Goldman Sachs released a research report saying. Same-store sales in Hong Kong and Macau decreased 23% YoY, slightly lower than the 21% decline in the previous quarter and the 20% decline forecast by the broker. Goldman Sachs also estimated a higher dividend payout ratio in 2H25, implying a dividend payout ratio of 115% for FY2025. Therefore, the broker added its target price from $8 to $9, with rating at Neutral. ~ AAStocks Financial News Web Site: www.aastocks.com | |