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The latest announcement is out from Tianjin Capital Environmental Protection Group Co ( (HK:1065) ).
Tianjin Capital Environmental Protection Group Co announced the termination of its franchising project for the Enshi Dasha Dam Phase I and II sewage treatment plants and supporting pipelines. This decision was made following policy adjustments related to the new PPP mechanism, which rendered the project inconsistent with recent regulatory guidelines. Despite the project’s termination, the company believes this decision will balance its investments and not adversely affect its operations or development.
The most recent analyst rating on (HK:1065) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Tianjin Capital Environmental Protection Group Co stock, see the HK:1065 Stock Forecast page.
More about Tianjin Capital Environmental Protection Group Co
Tianjin Capital Environmental Protection Group Co is a company based in the People’s Republic of China, operating in the environmental protection industry. The company primarily focuses on sewage treatment and related infrastructure projects, aiming to enhance environmental sustainability and public utility services.
YTD Price Performance: 38.50%
Average Trading Volume: 5,551,557
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.3B
See more data about 1065 stock on TipRanks’ Stock Analysis page.