BOCI Research: Raised target price of Kanglong Chemicals (03759.HK) to HK$25. Improved profit prospects upgrade rating to "buy"

date
26/08/2025
According to the Wise Finance APP, CCB International released a research report stating that based on a more conservative profit margin assumption, they slightly lowered their profit forecast for Kanglonghua Cheng (03759.HK) for 2025 to 2026. However, due to the stable order momentum partially offsetting geopolitical disturbances, the profit outlook has improved, leading to an upward revision of the revenue forecast for 2027 and beyond. The target price has been raised from 18 Hong Kong dollars to 25 Hong Kong dollars, while maintaining a "buy" rating.