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Home / Capital / Brokers Calls

Sanli Environmental kept at 'buy' for potential PUB contract wins

Broker's Calls

Sanli Environmental kept at 'buy' for potential PUB contract wins

Michelle Zhu Published on Fri, May 25, 2018 / 11:30 AM GMT+8

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SINGAPORE (May 25): SAC Advisors is maintaining its “buy” call on Sanli Environmental with an unchanged target price of 36 cents, even after the environmental engineering company reported lower FY18 earnings of $3.1 million, down 40.7% from $5.2 million a year ago despite higher revenue.

See: Sanli Environmental posts 40.7% lower FY18 earnings of $3.1 mil; announces 0.25 cent dividend

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