《大行報告》花旗康師傅(00322.HK)核心盈利遜預期料盈利明顯復甦憧憬將落空
花旗發表報告表示,康師傅(00322.HK)今年上半年撇除一次性收益後的核心盈利錄低單位數字增長,低於該行原預期6%,主要是收入按年僅增長2%遜預期及毛利亦較預期差。
該行表示,康師傅雖然可受惠內地降低增值稅,但因公司須面對去年進取性地將產品提價、渠道及品牌的因素影響,指市場對公司今年盈利復甦有較高預期,該行料相關憧憬將會落空。
花旗稱,維持對康師傅「沽售」投資評級、目標價10.85元,指公司管理層已下調對今年盈利目標指引,指今年收入增長5%存在挑戰,並降低其今年資本開支目標至15億至20億人民幣(此前為25億人民幣)。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.