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00558 LK TECH
RTNominal down2.990 -0.160 (-5.079%)
Others

04/07/2024 14:34

{I-bank focus}Daiwa lowers LK Tech (00558) to HKD6

[ET Net News Agency, 4 July 2024] Daiwa lowered the target price for LK Tech (00558) to
HKD6 from HKD7 and maintained the "buy" rating.
The research house said it cuts FY25-26E revenue forecasts by 22-25% and net profit
forecasts by 11-15% mainly due to the diminished demand for die-casting machines from the
automotive industry. (rc)

Remark: Real time quote last updated: 15/10/2024 18:00
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