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研報掘金|華泰證券:下調永利澳門目標價至6.8港元 預計短期盈利或會受壓
格隆匯 05-09 10:36

華泰證券發表研究報吿指,永利澳門首季淨收入按年跌13%,經調整EBITDA按年跌26%,恢復至2019年水平的65%;EBITDA及EBITDA利潤率按季回落,預計短期盈利或會受壓。該行維持集團“買入”評級,但考慮到博彩業轉型後,散客化趨勢明顯,而集團的非博彩業務相對較弱,將目標價由7港元降至6.8港元。

該行表示,澳門今年首季博彩收入每月平均不到200億澳門元,因此下調永利澳門今明兩年的賭收預測6.6%及12.5%,分別至299億及303億港元,而經調整EBITDA預測則降3.4%及3.7%,分別至98億及99億港元。

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