M Stanley adjusted the core profit forecast for GREENTOWN SERVICE, reflecting a 6% decline this year and a 3% increase next year. This adjustment is based on last year's stable performance and margin expansion. The property management services business is expected to achieve high single-digit growth due to strong third-party expansion capabilities and an improved project portfolio, although increased impairments may offset some positive factors. The target price has been raised from HKD5.54 to HKD5.87, maintaining an 'Overweight' rating.
