Decarbonisation StrategyENN is the first gas distributor to disclose a detailed decarbonisation roadmap with concrete targets, paving the way for business opportunities.
Earnings GrowthRobust earnings growth is expected from integrated energy and value-added businesses, driven by national efforts for carbon reduction.
Investment PotentialAnalyst recommends upgrading to BUY with a target price of HKD63.0, citing higher investor interest due to improving cashflows and an attractive dividend yield of over 5%.