《大行報告》美銀證券下調藍月亮(06993.HK)目標價至10.8元 評級「中性」
美銀證券發表研究報告指,藍月亮(06993.HK)日前發盈警,預期上半年將轉盈為虧,料虧損約4,400萬元,主要由於毛利率下降及洗衣業務產生虧損等影響。美銀預期,藍月亮上半年線下渠道表現疲弱,銷售或錄倒退。
該行指,在新任管理層帶領下,藍月亮正改革線下分銷渠道,預期可能影響短期復甦勢頭,將2021至2022年稅後淨利潤預測下調16%及14%,目標價下調至10.8元,重申「中性」評級。
管理層預期上半年將為全年銷售額貢獻約25%至30%,預期下半年銷售及盈利可恢復正增長,目標今年洗衣業務可達收支平衡。
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