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研報掘金丨國盛證券:海大集團一季度業績超預期,維持“買入”評級
格隆匯 04-10 17:05

國盛證券研報指出,海大集團(002311.SZ)預計2025年第一季度實現歸母淨利潤12-13億元,同比增長39.42%-51.04%,一季度業績超預期。維持“買入”評級。一季度公司飼料外銷量約595萬噸,同比增長約25%,同時公司積極開拓海外市場,通過在越南、印尼、厄瓜多爾、埃及等目標市場當地建廠,海外業務不斷取得進展。展望未來,公司將堅定不移向短期2025年300萬噸外銷增量、中期2030年有望達到5150萬噸,目標清晰,可兌現度高。生豬利潤超預期,養殖業務穩健推進。另外,公司飼料行業受關稅政策對產業影響較少。

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