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《大行報告》花旗:百威亞太(01876.HK)首季業績明顯受新冠疫情影響
阿思達克 05-07 12:12
花旗發表報告表示,百威亞太(01876.HK)首季業績明顯受到新冠疫情的影響,公司公布首季業績股東應佔正常化虧損為600萬美元,原因是正常化除息稅折舊攤銷前盈利(EBITDA)下跌(對比去年同期為純利2.59億美元),期內正常化EBITDA按年跌68%,亞太西部及亞太東部正常化EBITDA分別按年下滑76%及39%,自然收入按年跌39%,藉有利市場組合轉換,期內自然產品平均售價升6%。

該行指,百威亞太旗下內地業務首季正常化EBITDA利潤率下跌17個百分點至17.9%(對比2019年首季34.7%),但無論如何,公司管理層指在中國和韓國復甦推動下,百威亞太業務自3月中起每週持續改善。而該行稱,維持對百威亞太「買入」投資評級及目標價29.5元。

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