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大行評級|建銀國際:下調中國中免目標價至44港元 下調今明兩年盈利預測
格隆匯 04-02 14:55
建銀國際發表研究報吿指,中國中免去年第四季利潤按年跌76%至3.68億元,主要是期內收入下跌及利潤率收窄,第四季毛利率按年收窄3.5個百分點至28.5%。該行料,截至2025財年年底,海南省將會成為自由貿易區,即使該地區旅遊活動或逐漸復甦,宏觀經濟環境持續疲軟以及謹慎的支出,將壓抑免税銷售表現。該行指,將集團今年及明年盈利預測分別下調1%及8%,其目標價由45港元下調至44港元,評級為“中性”。
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