《大行報告》大摩:中電信(00728.HK)次季純利符預期 派息勝預期
摩根士丹利發表評級報告指,中電信(00728.HK)次季服務收入1,114億元人民幣,按年增7.7%,符合該行預期,EBITDA錄得375億元人民幣,按年增6.2%,較該行預測的高於0.8%,主要因網絡成本低於預期,而資本支出417億元人民幣,按年增54%,維持於全年指引的45%,屬處於可控範圍內的930億元人民幣;而正常化淨利潤錄得111億元人民幣,按年增11.9%,較該行預測的高於0.5%,並正朝向達全年雙位數增長的軌道。
該行指,集團中期每股派息0.14元,派息比率達60%,優於該行預期的每股派息0.12元;該行維持其目標價4元及評級「增持」不變。(ca/k)
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