《大行報告》花旗:閱文(00772.HK)上半年收入遜預期但盈利穩健 維持「買入」評級
花旗發表報告指,閱文(00772.HK)上半年收入遜預期但盈利穩健。收入較該行和市場預期分別低1%和2%,但經調整盈利較該行和市場預期分別高18%和5%。該行認為,收入遜預期是由於旗下新麗傳媒(NCM)表現不佳,而利潤超預期則是因為成本控制好過預期。
報告指,由於集團下半年加大吸引付費用戶的力度,在線閱讀業務可能會繼續溫和地復甦,而隨著電視劇/電影/漫畫和動畫內容的增加,IP改編業務可能會錄得可觀的按年增長。該行將全年盈利預測上調 3%,以反映上半年盈利勝預期,但大致維持明後年盈利預測。該行維持其目標價40元,評級「買入」不變。
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