Hong Kong's CTF Services annual net income rises; 1:10 bonus share issue proposed

CTF Services

24/09/2026 09:44

Overview
Hong Kong diversified business group's annual revenue and net income both increased yr/yr
Company proposed total ordinary dividends for FY2026 to rise 6% yr/yr
Board proposed 1-for-10 bonus share issue to enhance share liquidity

Outlook
Company aims to deliver sustainable and progressive shareholder returns in FY2027
CTF Services expects strong cash flow generation from diversified earnings base

Result Drivers
FINANCIAL SERVICES SEGMENT - Segment became largest contributor to operating profit for first time, driven by solid growth in insurance business
LOGISTICS AND DIGITAL INFRASTRUCTURE EXPANSION - Co broadened logistics platform and expanded exposure to AI-related infrastructure, strengthening presence in logistics and digital infrastructure

Company press release: Full Story

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
HK$27.11 bln
 
FY Net Income Attributable
 
HK$2.39 bln
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy."
Wall Street's median 12-month price target for CTF Services Ltd is HK$10.60, about 34.5% above its September 23 closing price of HK$7.88
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Reuters Recommended Reads
Sept 21 - Beijing Gas Blue Sky HY revenue falls on weak demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Press Release https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0924/2026092400309.pdf
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)