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HTSC Rates CHINA GAS HOLD at Buy, Cuts Profit Forecasts for 2027, 2028
2026-06-29 16:11:44
Huatai Securities (HTSC) issued a report noting that CHINA GAS HOLD (00384.HK)'s revenue for the fiscal year ended March fell 7.1% YoY, while net profit declined 16.4% YoY, below the broker's expectations.

Huatai Securities lowered its net profit forecasts for CHINA GAS HOLD for 2027 and 2028 by 18% to HKD3.063 billion and HKD3.245 billion, respectively, representing projected YoY growth of 13% and 6%. EPS forecasts are HK0.56 and HKD0.60.
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