Sinolink Securities: Control Costs Appropriately to Maintain Growth, Maintain a "Buy" Rating on Sunshine Coast Investment (02886.HK) with a Target Price of HK$1.58
According to the Wise Financial News APP, Xin Cheng Securities released a research report stating that Bin Hai Investment (02886.HK) announced its mid-term performance for 2025. Due to the warm winter and the continued recovery of the Chinese economy, the sales volume and connection of the first half of the year were affected, putting pressure on revenue and gross profit. However, after a series of cost-reduction and efficiency-enhancing measures, the company maintained profit growth. Excluding the one-time impact of the warm winter, with significant improvement in gross margin and rapid growth in value-added services, coupled with the likelihood of the connection business hitting bottom, Xin Cheng Securities expects Bin Hai Investment's EPS to steadily increase from 2025 to 2027. with an increased dividend policy, maintaining a "buy" rating and a target price of HK$1.58.
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