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《大行報告》富瑞料京東物流(02618.HK)次季收入按年增長31% 評級「買入」
阿思達克 07-14 09:56
富瑞發表報告,預計京東物流(02618.HK)次季收入有望達到該行預期,而非國際財務報告準則淨利潤率有望好過預期,受惠於公司選擇性的客戶戰略、更好的資源配置和成本改善,維持「買入」評級,目標價21元。 該行維持京東物流次季收入按年增長31%至約408億元人民幣預測。當中,不包括德邦的外部收入預計增長11%至79億元人民幣,之前預測為增長15%。至於內部收入預計將按季下降。另外,該行預計毛利率將增長至7.6%,之前預測為7.1%。考慮到優化客戶組合及改善資源配置,預計非國際財務報告準則淨利潤率按季增長至1.7%,之前預測為0.8%。全年收入按年增長預期調整為20%,之前預測為23%。
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