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大行評級 | 野村:料長和(0001.HK)整體盈利前景穩定 維持買入評級
格隆匯 08-05 12:52
格隆匯8月5日丨野村發表研究報告指,長和(0001.HK)上半年盈利持續穩定復甦,淨利潤按年增長逾4%至191億港元,中期息增幅與每股盈利增幅一致。 截至6月底,公司淨債務佔淨總資本的比率維持在20.5%健康水平,預期8月完成英國發射塔交易後比率將進一步降至17.5%。 野村預期長和整體盈利前景穩定,零售及港口業務持續增長,而電訊業務盈利能力可能面臨挑戰,今年每股盈測上調6%,但將明年盈測下調10%,以反映電訊及零售業務利潤貢獻可能下滑,維持“買入”評級,目標價由71.2港元降至66.7港元。
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