UOL Group's Residential Property Sales Could Drive 2H Results -- Market Talk
UOL Group's Residential Property Sales Could Drive 2H Results -- Market Talk
DJ UOL Group's Residential Property Sales Could Drive 2H Results -- Market Talk
DJ UOL集团住宅物业销售可能推动2H业绩--市场传言
0400 GMT - UOL Group's residential development segment could drive its 2H results due to likely strong home sales, CGS-CIMB says. UOL's property development revenue rose 81% on year to S$687.5 million in 1H on healthy home sales, and CGS-CIMB thinks its coming residential launches will do well. The company's 1H earnings were lifted by some one-off sources, but even with these taken out, it estimates that net profit would have risen 4% on year, saying that UOL's financials look healthy. It keeps an add rating on UOL with a target price of S$8.00. Shares are flat at S$7.23. (yongchang.chin@wsj.com)
0400GMT-CGS-CIMB表示，由于可能强劲的房屋销售，UOL集团的住宅开发部门可能推动其2H业绩。由于健康的房屋销售，UOL今年上半年的房地产开发收入同比增长81%，达到6.875亿新元，CGS-CIMB认为其即将推出的住宅将表现良好。该公司的上半年收益受到了一些一次性来源的提振，但即使剔除了这些因素，该公司估计净利润仍将同比增长4%，称联合在线的财务状况看起来很健康。它保持对UOL的ADD评级，目标价为8.00新元。股价持平于7.23新元。(yongchang.chin@wsj.com)
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August 13, 2021 00:01 ET (04:01 GMT)
2021年8月13日东部时间00：01(格林尼治标准时间04：01)
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