In a report released yesterday, from Huatai Securities maintained a Buy rating on Shougang Fushan Resources Group Limited, with a price target of HK$3.51. The company’s shares closed yesterday at HK$2.94.
Shougang Fushan Resources Group Limited has an analyst consensus of Moderate Buy, with a price target consensus of HK$3.35.
Based on Shougang Fushan Resources Group Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$2.95 billion and a net profit of HK$228.36 million. In comparison, last year the company earned a revenue of HK$2.56 billion and had a net profit of HK$656.72 million
