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00586 CONCH VENTURE
RTNominal up8.750 +0.370 (+4.415%)
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19/05/2025 14:53

{I-bank focus}Citi lowers Conch Venture (00586) to HKD10

[ET Net News Agency, 19 May 2025] Citi lowered the target price for Conch Venture
(00586) to HKD10 from HKD16 and maintained the "buy" rating.
The research house said it introduces 2027e forecast and revises down 2025E/26E EPS by
17.4%/15.6% to mainly reflect gross margin assumptions of waste incineration volume and
prices adjusting down. (rc)

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