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Revisions

What’s next for Wing Tai after earnings miss

Broker's Calls

What’s next for Wing Tai after earnings miss

Michelle Zhu Published on Tue, Aug 23, 2016 / 3:32 PM GMT+8

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SINGAPORE (Aug 23): Maybank Kim Eng is maintaining its “hold” call on Wing Tai Holdings with an unchanged price target of $1.71, while UOB Kay Hian is keeping its “buy” recommendation with a target price of $2.37.

On Monday, Wing Tai announced full-year earnings of $7.08 million, 95% down from $150.3 million in FY15.

(See Wing Tai’s full-year earnings plunge 95% to $7.1 mil)

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