《大行報告》瑞銀:聯通(00762.HK)首季業績符合預期 聚焦經營質素改善
瑞銀發表研究報告指,中國聯通(00762.HK)首季業績整體符合預期,當中服務收入按年增長6.1%,與該行預期一致,較市場預測高出2.4%;淨利潤則按年升11.2%,略低於該行及市場預期。
報告指出,首季公司經營現金流達到170億元人民幣,按年增長21.8%,佔總收入的17.4%,較去年同期提升1.8個百分點,反映公司有按照國家要求,聚焦於提升經營質素。
管理層維持全年服務收入穩健增長指引,淨利潤保持雙位數增長的目標,並致力於提升淨資產收益率。瑞銀預期市場對聯通首季業績反應中性,將期內服務收入增長放緩歸因於2022年同期基數較高,維持「買氛」評級,目標價8元。(gc/u)
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