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27023 MB-FGG @EC2503A (CALL)
RT Nominal up0.260 +0.005 (+1.961%)

09/10/2024 15:32

{I-bank focus}Citi lowers Flat Glass (06865) to HKD13

[ET Net News Agency, 9 October 2024] Citi lowered the target price for Flat Glass
(06865) to HKD13 from HKD14 and downgraded the rating to "neutral" from "buy".
The research house said it forecasts net profit to fall 90% yoy to Rmb90m in 3Q24E
dragged by solar glass price drop. (rc)

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