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"Daily Report" Dahe downgraded VTech (00303.HK) to "hold" and lower the target price to 90 yuan
Dahe issued a report like VTech (00303.HK) announced that its interim results for FY 2019 were disappointing. Revenue and net profit during the period were lower than the bank's and market expectations. Revenues during the period decreased by 3.5% compared with the year before due to home telephony business. Accelerated decline also lowered corporate income. The company's most positive news …
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