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68543 HS#HSI RC2509H (R BULL)
RT Nominal unchange0.255 0.000 (0.000%)

02/07/2024 15:46

{I-bank focus}Daiwa lowers Bud APAC (01876) to HKD13

[ET Net News Agency, 2 July 2024] Daiwa lowered the target price for Bud APAC (01876) to
HKD13 from HKD15 and maintained the "buy" rating.
The research house said it forecasts Bud APAC to register a revenue decline of 9% YoY to
USD1.8bn in 2Q24, mainly on volume contraction in APAC West, which is lapping on a high
comparison base. (rc)

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