《大行報告》花旗:恆隆地產(00101.HK)去年總體業績及派息符預期 但內地業務租金略低預期
花旗發表報告指,恆隆地產(00101.HK)去年基礎利潤跌1.5%至41.37億元,大致上符合預期,其租務息稅前利潤按年升3.8%至74.41億元,低於該行預期2.3%。該行指,在內地業務租金略低預期下,去年總體業績符合預期,其全年度總派息持平於每股78仙,亦符合預期。
該行指,截至去年12月底止,公司淨負債增至454億元,按年增約50億元,主要是其資本支出涉及多個香港及內地等項目。槓桿比率由前年底的28.1%升至去年底的31.9%。該行給予其目標價為12.1元,維持其評級為「買入」。
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