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CKI HOLDINGS (01038.HK) held a Board of Directors meeting on March 19 to approve the publication of the annual performance.
On March 6, Gloenghui reported that CKI HOLDINGS (01038.HK) announced that the Board of Directors will hold a meeting in Hong Kong on March 19, 2025 (Wednesday) to approve the publication of the financial results for the year ending December 31, 2024, for the company and its subsidiaries, as well as to consider the distribution of a final dividend.
CKI HOLDINGS: DATE OF BOARD MEETING
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Bank of America Securities: Maintains CKI HOLDINGS "Neutral" rating and lowers the Target Price to HKD 54.4.
Bank of America Securities issued a Research Report stating that it maintains a "Neutral" rating for CKI HOLDINGS (01038), lowering the Target Price from HKD 54.6 to HKD 54.4. Considering the previous cautious outlook from management and the decline in profits from Canadian Electrical Utilities, the firm has reduced its earnings per share forecast for the fiscal years 2024 to 2026 by 1%, and has lowered the Target Price from HKD 54.6 to HKD 54.4. Bank of America Securities pointed out that CKI HOLDINGS will announce its Fiscal Year 2024 results on March 19, expecting a net profit of HKD 8.2 billion, or a core profit of HKD 8.1 billion, and a dividend increase of 1.5% to HKD 2.6 per share.