《大行報告》中金:中電信(00728.HK)上季業績符預期
中金公司發表報告指,中電信(00728.HK)第三季度收入及盈利符合該行預期,收入按年升4.2%至1,236億元人民幣,服務收入按年升6.1%至1,138億元人民幣,純利按年升11.1%至69億元人民幣。通訊服務收入增長保持穩定,工業數碼化服務繼續推動收入增長。第三季度經營溢利按年升15.6%,經營開支有效控制,淨利潤率按年升0.4個百分點至5.6%,主要受惠成本控制、盈利能力改善。
該行對中電信2023及2024年盈利預測維持不變,H股現價相當於今明兩年預測市盈率分別爲9.8倍及8.5倍,維持「跑贏行業」評級,目標價5.8元,相當於預測今明兩年市盈率分別15.3倍及13.3倍。
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