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《大行報告》瑞銀降聯通(00762.HK)目標價至7.3元 上季淨利潤低於預期
阿思達克 10-25 10:50
瑞銀發表報告指,聯通(00762.HK)第三季度服務收入815億元人民幣,按年升3.5%,符合該行及市場預期,EBITDA錄253億元人民幣,按年微跌0.2%,較該行預期高出1.8%,但較市場預期低2.7%,純利49億元人民幣,按年升3.1%,分別較該行及市場預期低1.4%及10.8%。 報告指,聯通服務收入增長3.5%,較上半年的增幅6.3%為慢,主要因為工業互聯網收入放緩,相信是受部分項目入賬時間影響,以及公司審慎挑選新項目所致。公司未有提供新的業務指引,相信仍然按進度,在今年達到純利雙位數字增長的目標。在第三季業績後,該行將其H股目標價由8元下調至7.3元,以反映工業互聯網收入放緩及宏觀經濟逆風,評級「買入」。
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