2Q20 NP within Expectation
TTW's 2Q20 results were in line with the expectation on the resilient tap water business, weighed down by the loss contribution from CKP. The...
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Sluggish Earnings Expected in 2Q20E
CK's net profit in 2Q20E should continue to be weighed down by the weak earnings performances of affiliates. We forecast a small net profit of...
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2Q20E Earnings to Fall YoY on Shared Loss From CKP
TTW's tap water business has remained resilient during the partial lockdown, as evidenced by the growth of sales volume in 2Q20E. However, its...
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2Q20E Earnings to Fall YoY on Shared Loss From CKP
TTW's tap water business has remained resilient during the partial lockdown, as evidenced by the growth of sales volume in 2Q20E. However, its...
85 Views
Downgrade to Hold on Limited Upside
TTW's 1Q20 results missed the forecast due to a higher shared loss from CKP. While the tap water business has stayed resilient to COVID-19, the...
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