Core Viewpoint - Dahua Jixian maintains a "Hold" rating for China Resources Mixc Lifestyle Services (01209), raising the target price from HKD 41.1 to HKD 43, with a forecasted core net profit growth of 12.2% and revenue growth of 6.8% for 2025 [1] Financial Performance - The property management business revenue is expected to grow only by 1.4%, significantly impacted by a substantial contraction in value-added service revenue [1] - The commercial operations revenue is estimated to grow by 16.8%, driven by increased income from shopping centers [1] Earnings Forecast Adjustments - The earnings forecasts for China Resources Mixc Lifestyle Services for 2025 to 2027 have been revised downwards by 3.4%, 6.4%, and 7.2% respectively, due to ongoing pressure on the value-added services business [1]
大华继显：料华润万象生活(01209)去年核心净利润增12% 升目标价至43港元