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《大行報告》大摩上調快手-W(01024.HK)今年收入及毛利預測 評級「增持」
阿思達克 07-22 11:21
摩根士丹利發表研究報告指,快手-W(01024.HK)6月份電商GMV恢復至按年增長逾30%,增長勢頭於7月初進一步加快,反映疫情封城因素已不再影響其營運,因此上調今年全年收入及利潤預測,預期下半年業務增長將加快。 該行預測,快手今年第二季整體收入將按年增長9%至210億元人民幣,當中廣告、電商及直播業務預期分別增長8%、2%及13%。該行並預期非國際會計準則下淨虧損預期達到30億元人民幣,按年收窄36%,較市場預期少6%。 大摩估計快手第二季每日活躍用戶數量將按年增長18%,達到3.46億戶,增長速度較首季的17%加快,預期7月份增長趨勢將持續強勁,令快手與抖音的差距進一步收窄。 大摩將2022年虧損預測收窄12%,同時微調2023至2024年預測,預計快手下半年盈利能力向好,維持「增持」評級及目標價100元不變。
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