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《大行报告》花旗下调长实集团(01113.HK)目标价至63.5元评级「中性」
阿思达克 08-02 11:21

花旗发表研究报告,指长实集团(01113.HK)上半年核心盈利140亿元,按年升16.4%,占该行对公司2019年度盈利估算的50%。该行认为表现胜预期,是因为金融工具录得18亿元收益,及其他财务收入按年增长6倍至13亿元所致。核心业务的表现大致符合该行预期。公司宣布派发中期息每股0.52元,按年增加10.6%,是一项正面的惊喜。

截至2019年6月,公司未入帐销售额录535亿元,当中400亿元预料将於下半年入帐,因此2019财年的盈利已确定。根据目前的交付时间表,长实集团预期会在今年下年将「爱炫美」及「维港颂」入帐。但由於上半年的合同销售表现疲弱,因此2020年的核心盈利可能会录得按年下跌。

在今年下半年,公司料会在港推出三个项目,包括「爱海颂」、「日出康城8期」及「波老道21号」。该行维持长实集团「中性」投资评级,目标价由原来的65.9元下调至63.5元,较资产净值折让维持在50%。

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