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《大行報告》建銀國際微升快手-W(01024.HK)目標價至90元 料次季業績勝預期
阿思達克 07-25 09:59
建銀國際發表報告,預測快手-W(01024.HK)今年第二季業績將超出預期,外部廣告市場復甦較預期快,以及GMV表現向好,將有助於抵銷直播業務增長較慢。 該行目前預測快手總收入將按年增長26%,達到273億元人民幣,主要來自於廣告及其他業務分別增長28%及53%。 建銀國際預期快手第二季廣告及電商收入提升,毛利率可達47%,按季增長0.6個百分點,非國際會計準則純利料扭虧,錄得約14億美元,對比去年錄非國際會計準則淨虧損約13億元人民幣。考慮到盈利因素及「618」銷售活動預期成績向好,該行現時預期下半年收入可達28億元人民幣,較去年同期的淨虧損7億元人民幣大幅改善。 建銀國際並將2023至2025年收入預測上調1%、1%及2%,非國際會計準則純利率上調0.5、0.6及0.9個百分點,目標價則由89元輕微調升至90元,維持「跑贏大市」(gc/w)。~
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