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大行評級|招銀國際:維持華潤萬象生活“買入”評級 商業營運強勁
格隆匯 04-02 11:01

招銀國際發表報告指出,華潤萬象生活去年收入按年升15%至170億元,淨利潤按年升24%至36億元,較指引超出4%,受高毛利率的購物中心業務以及有效的成本控制影響。公司對今年淨利潤指引爲呈雙位數增長。

該行看好華潤萬象生活在母企支持下,其基礎物業管理業務穩定增長;購物中心業務快速增長,貢獻超過54%的毛利率;穩健的第三方擴張等。考慮到公司於行業中的領先地位和強勁的商業營運,該行維持對其“買入”評級,目標價爲45.27港元。

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