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高盛料长和(0001.HK)中期核心净利润升2%维持“买入”评级
格隆汇 07-19 17:04

高盛发表研究报告指,预期长和(0001.HK)上半年核心净利润按年增加2%至184亿港元,当中外汇表现疲弱,整体业务受海外业务拖累。该行又指,集团将注重其电讯业务,料其将成为盈利及股价的重要增长动力,维持“买入”投资评级,目标价104港元。

高盛表示,虽然有各种环球经济忧虑,但长和各项业务的基本表现仍具弹性,惟不会有特别业绩惊喜。该行提到,集团已在电讯业务配置更多资源及进行市场整合,相信电讯业务将成为集团增长动力。

高盛指,长和旗下电讯商WindTre,在首季业绩受惠于中兴(0763.HK)一次性赔偿,但手机服务收入维持疲弱,料WindTre上半年EBITDA按年持平。另外,该行料欧洲3集团上半年EBIT按年增长37%,又预期和记电讯能在低基数下恢复。

高盛并估计长和上半年零售业务EBIT按年升4%,而基建及能源业务EBIT则按年分别跌21%及20%。

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