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06808 SUNART RETAIL
RTNominal down1.820 -0.020 (-1.087%)
Research Report

24/09/2024 14:32

{I-bank focus}Macquarie raises Sun Art Retail to HKD1.83

[ET Net News Agency, 24 September 2024] Macquarie raised the target price for Sun Art
Retail (06808) to HKD1.83 from HKD1.5 and upgraded the rating to "outperform".
The research house said it now expects Sun Art to post a 1HFY25 net profit of Rmb199m, a
turnaround from a 1HFY24 loss of Rmb359m, as SSSg has stabilised and management targets
additional cost controls. (rc)

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