《大行報告》瑞信:阿里(09988.HK)首財季業績勝預期 維持「跑贏大市」評級
瑞信發表報告指,阿里巴巴(09988.HK)首財季收入按年持平於2,060億元人民幣,符合預期;非通用會計準則(Non-GAAP)計的EBITDA為344億元人民幣,較該行預期高12%,較市場預期更高23%,主要由於成本節省。
該行表示,集團7月商品成交金額(GMV)繼續改善,表現較6月為佳。雖然宏觀環境仍然不明朗,但集團主要的確定性為毛利顯著上升,可作為盈利的緩衝。
瑞信維持對阿里股份「跑贏大市」評級,港股目標價161元,並重申為首選。
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