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富瑞:上調莎莎(0178.HK)純利預測3% 續予目標價1.9港元
格隆匯 11-19 16:02

富瑞發研報指,雖然港府希望12月中通關,但莎莎(0178.HK)預期明年6至9月可進一步放寬通關限制。集團預計,即使沒有太多旅客來港消費,在港澳地區仍可實現收支平衡。該行指,集團上半年淨虧損較預期低,上調其2022╱23財年的純利預測約3%,予“持有”評級,維持目標價1.9港元。

報吿指,莎莎計劃2022財年下半年關閉5至8間店舖,預期每月銷售額EBITDA收支平衝為2.34億港元,當中約1.4億來自香港,其餘則來自澳門。管理層又預期,公司淨現金水平將在明年3月維持約2.67億港元。長遠目標是將港澳特區實體店以外營業額的比例,持續加大至50%以上。

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