Analysts set HKD 3.70 target for Towngas Smart stock

Published on 10/06/2026 at 00:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A HKD 0.05 dividend is scheduled for Towngas Smart stock on October 16, 2026. Revenue rose 8.50 percent to HKD 11.30 billion.

Towngas Smart, KYG8972T1067, Illustration mit AI erstellt.

Towngas Smart Energy Company Limited (ISIN KYG8972T1067) has a HKD 3.70 analyst target, while its first-half 2026 results showed revenue growth alongside lower profit. The latest rating and target were reported on September 12, 2026 by The Globe and Mail as a Hold rating with a HKD 3.70 target.

Target versus Hong Kong quote

The HKD 3.70 target stands 27.36 percent above the HKD 2.905 Hong Kong S.E. quote published for September 24, 2026. The calculation uses the target and quote in the same currency, giving investors a clear comparison between the analyst reference and the latest dated exchange figure.

The company also completed a board change on September 9, 2026. According to MarketScreener, Kenneth Liu Kai-Lap was redesignated from non-executive director to independent non-executive director and joined the audit and risk, remuneration, and nomination committees.

Revenue rose as profit declined

For the six months ended June 30, 2026, revenue reached HKD 11.30 billion, up 8.50 percent from the comparable period. Net income fell 9.00 percent to HKD 690.10 million, while earnings per share declined to HKD 0.19 from HKD 0.22.

Simply Wall St reported that profit margin fell to 6.10 percent from 7.30 percent as expenses increased. The result leaves revenue growth and cost control moving in opposite directions, a combination that makes margin protection central to the company's next reporting cycle.

Dividend timetable stays visible

Towngas Smart Energy declared an interim dividend of HKD 0.05 per share for the six months ended June 30, 2026, payable on October 16, 2026. The company also offered shareholders a scrip option based on a HKD 3.041 conversion price, according to The Globe and Mail.