Zhi Tong Cai Jing·2025-08-14 08:29Core Viewpoint - Goldman Sachs reports that Changjiang Infrastructure Group (01038) achieved a net profit of HKD 4.35 billion in the first half of this year, with core net profit increasing by 2% year-on-year to HKD 4.28 billion, in line with market expectations, benefiting from strong performance in the UK business [1] Financial Performance - The company's net profit for the first half of the year was HKD 4.35 billion [1] - Core net profit, excluding foreign exchange gains and other non-recurring items, rose by 2% year-on-year to HKD 4.28 billion [1] Earnings Forecast - Goldman Sachs has lowered its earnings per share forecast for the company for 2025 to 2027 by 4% to 5% [1] - The target price for the company has been adjusted from HKD 60.2 to HKD 60, while maintaining a "Neutral" rating [1] Growth Outlook - The firm anticipates that more favorable terms during the upcoming reset period will drive profit growth for single assets [1] - The group is expected to achieve an annual profit growth of 9% to 10% over the next 2 to 3 years [1]