CTF Services Fy2026 Results Likely Flat

Dow Jones09-08 08:26

0026 GMT - CTF Services is expected to report broadly flattish FY2026 attributable operating profit when it announces results later this month, Citi analyst Timothy Chau says. Financial-services growth is offset by weaker contributions from logistics and construction, he says in a note. CTFS shares have weakened on sentiment surrounding CTF Life's Hong Kong insurance business, amid fears that Beijing's outbound investment curbs could deter Mainland Chinese visitors. Citi cuts its target price to 10.30 Hong Kong dollars from HK$10.90 after lowering its 2026-2028 estimates for attributable operating profit. The bank maintains a buy rating on the stock. Shares closed 0.5% lower at HK$8.02 on Monday.

 

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