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穆迪首次授予中裕燃气(03633.HK)评级「Ba3」 展望稳定
阿思达克 05-21 16:27
评级机构穆迪表示,首次给予中裕燃气(03633.HK)「Ba3」评级,展望为稳定,同时向中裕燃气拟发行的美元票据授予「Ba3」的高级无抵押债务评级。

穆迪副总裁兼高级分析师吴家荣称,中裕燃气在中国城市,特别是在河南和河北省的燃气分销业拥有区域性市场地位,天然气销售增长往绩良好,加上有产业政策支持,预期将继续推动燃气业务强劲增长。

穆迪预计,今、明两年中裕燃气的天然气销售年增长率将达到约20%,主要受现有项目已恢复业务活动,及新收购项目将带来新增长点等因素所支持,并估计未来3年中裕燃气每年资本支出将为15亿至20亿港元,2021至2023年运营资金对债务比率将为10%至11%,留存现金流对债务比率将为8%至9%。

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