SINGAPORE (Nov 13): Analysts from RHB Research, Maybank Kim Eng Research and UOB Kay Hian are maintaining their “buy” recommendations on Valuetronics Holdings. However, all three brokerages are also lowering their target prices for the electronics manufacturer.

This comes as Valuetronics reported a 12.8% decline in earnings to HK$44.3 million ($7.8 million) for the 2Q19 ended September, falling from HK$50.8 million a year ago.

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