You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》中金降旺旺(00151.HK)目標價至5.8元 關注成本趨緩下利潤率修復
阿思達克 11-30 10:07
中金發表報告指,中國旺旺(00151.HK)中期業績符合市場預期。中期未派發股息,主因美元貸款利率較高、公司考慮海外資金使用安排,預計公司財年末或派發末期息。 報告指,需求疲弱下旺旺收入溫和復甦,米果及乳飲料表現好於休閒食品。成本壓力趨緩,毛利率改善兌現。渠道及產品多元化策略持續推進,成本趨緩背景下利潤率或有望繼續修復。考慮需求疲弱,該行下調 2023和2024財年盈利預測3.1%和3.3%,至分別37.44億和40.93億元人民幣;相應下調目標價6.5%至5.8港元,維持「跑贏行業」評級。
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