《大行報告》高盛:同程旅行(00780.HK)上季業績勝預期 末季指引保守但維持正面
高盛發表評級報告指,同程旅行(00780.HK)第三季業績穩健,純利6.21億元人民幣,勝於預期,收入按季升15%至33億元人民幣,大致上符合預期,EBIT利潤率達19.5%,稍高於預期。
該行指,即使擔憂宏觀環境疲軟、以及各消費品的整體交易下跌趨勢,但管理層仍對前景持正面看法,強調過去十一黃金周呈強勁需求,近期假期後出現放緩只是季節性影響;對於市場競爭,管理層認為競爭環境仍然是良性及穩定,基於市場參與者有限。
該行指,管理層第四季收入指引放緩至28億至29億元人民幣,故該行預料第四季純利4.67億元人民幣,全年22億元人民幣。同時,該行將2023年至25年經調整純利預測上調2%至6%,並將其目標價由20元上調至20.6元,維持其評級為「買入」。(ca/cy)
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