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UBS Adds HKT-SS (06823.HK) TP to $13.4 as Interim EBITDA in Line
2025-08-01 12:03:08
HKT-SS (06823.HK)'s 1H25 EBITDA rose approximately 3% YoY to $6.4 billion, in line with market consensus, according to UBS' research report.

Although the operational performance was stable, net profit appeared to be below market consensus, possibly due to higher-than-expected interest expenses, as the benefit of lower HIBOR has not been fully reflected in 1H25.

Therefore, the broker added its target price for the Company by about 3% to $13.4, from $13, with rating kept at Buy.
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