《大行報告》傑富瑞:頤海(01579.HK)去年下半年純利遜市場預期 關注毛利率指引
頤海國際(01579.HK)公布去年業績後,今日(24日)股價捱沽,最新報88.3元下挫10.9%,成交額達25.76億元。傑富瑞發表報告表示,頤海國際去年收入及純利各升25%及23%,公司去年下半年收入按年升19.6%至31.42億元人民幣、其去年下半年純利按年升8.5%至4.86億元人民幣,低於該行原預期各1.8%及6.6%、及較市場原預期分別低7.2%及12.8%。
傑富瑞指,頤海國際去年下半年業績遜預期,相信是方便速食產品期內銷售較預期低所影響,該行指頤海國際去年下半年毛利率按年持平於38.5%,因面臨原材料(如食用油及花椒)價格上升壓力。該行料投資者將關注公司新產品計劃、銷售表現及毛利率指引。
傑富瑞予頤海國際「持有」投資評級及目標價120元。
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