《大行報告》大和下調海豐國際(01308.HK)目標價至17.5元 評級「買入」
大和發表報告指,與海豐國際(01308.HK)進行了非交易路演,管理層稱,8月下旬運價將有所回升,基於提前預訂的貨物量將有所增加。當中,東南亞國家增長強勁,泰國和菲律賓表現穩健,但越南和日本仍面臨壓力。
海豐管理層稱,在後疫情時代,運費將高於疫情前的水平,因為港口費、低硫燃油和租船費用等成本大幅增加。大和預計海豐國際的毛利率下半年將會改善,受惠於貨運量和運費率恢復。
大和將海豐國際今年至後年每股盈利預測下調1至8%。重申「買入」評級,目標價由18元下調至17.5元。
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