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CLSA: CTF SERVICES 2HFY26 Results and Final DPS Beat
2026-09-25 10:37:31
CLSA issued a report on CTF SERVICES (00659.HK), of which adjusted recurring profit for 2HFY26 hiked 10% YoY to HKD1.539 billion, while final DPS added 4% YoY to HKD0.33, both 8% and 3% above the broker's forecasts respectively. The broker maintained its Outperform rating and TP of HKD11.5 on the stock.

Similar to last year, the company announced another 1-for-10 bonus share issue, which the market should view as neutral to positive. On operations, the broker said it sees gradual positive factors emerging, while CTF Life, appears to retain resilience despite intensifying policy headwinds.
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AASTOCKS Financial News
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