
2021-02-25 12:07:08
Despite weaker results, DBS still likes Koufu as a recovery play
DBS is keeping its “buy” recommendation on food court operator Koufu with an unchanged target price of 77 cents, despite the group reporting less than stellar FY2020 results. In its final year ended December 2020, Koufu posted revenue of $192.4 million down 19% from the preceding year, as circui...