太古股份(00019.HK及00087.HK):預期綜合基本溢利仍大幅高於去年
格隆匯11月7日丨太古股份公司A(00019.HK)及太古股份公司B(00087.HK)發佈公告,公司已就2019年中期報告發表後的業務前景進行檢討。地產部門方面,2019年中期報告提述香港的社會活動持續,旗下商場的零售銷售額繼續受到影響,並已向一些零售租户提供租金優惠。
香港的社會活動繼續令國泰航空旅客量減少及對機位預訂情況構成不利影響,故此不再預期國泰航空在2019年下半年的業績將較上半年為佳。貿易及實業部門方面,太古資源零售點的銷量繼續受到香港的示威活動影響,並預期沁園食品將錄得更大虧損。太古公司其他業務的業績前景,則大致與2019年中期報告所述者相符。
經考慮所有情況後,預期公司2019年綜合經常性基本溢利將低於2018年,其主要原因為國泰航空的預期業績。然而,經考慮下一段提述的出售投資物業及其他非經常性因素後,預期公司2019年綜合基本溢利仍將大幅高於2018年。
離岸業雖然如上所述出現若干復甦的跡象,但未達先前預期復甦的程度,並且現時對其前景不太樂觀。由於離岸業的前景對太古海洋開發集團船隊的價值有重要影響,因此已就太古海洋開發集團船隊的賬面值進行檢討。
經檢討後,公司2019年的綜合溢利預期會計入現時估計約21.2億港元的減值支出。此外,亦預期就港機(美洲)客艙設計整裝方案業務及沁園食品業務計入現時估計合共約4.4億港元的減值支出,主要為有關計入綜合財務狀況表中的商譽。此等減值支出將對公司2019年公司綜合基本溢利產生影響。然而,應提醒股東及潛在投資者,公司2019年公司綜合基本溢利將受惠於在2019年上半年就出售投資物業錄得收益總額119.37億港元,及在下半年就出售另一投資物業錄得收益約14.42億港元。
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