Analysts are generally positive on food court operator Koufu following its financial results for the FY2020 ended December 2020, which saw earnings fall by 64.3% y-o-y to $9.9 million as revenue dipped 19.2% y-o-y to $192.4 million.
Koufu
Price target:
UOB Kay Hian “buy” 77 cents
PhillipCapital “accumulate” 68 cents
CGS-CIMB “add” 94 cents
Earnings missed but analysts’ appetite remains strong
