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《大行》大和:煤氣(00003.HK)內地售氣增長料未及指引 公用股仍首選長建(01038.HK)及電能(00006.HK)
大和發表報告指,料煤氣(00003.HK)半年盈利按年跌0%至5%,受可持續航空燃料需求疲弱影響,但由去年8月煤氣加價所抵銷。但今年下半年展望將轉弱,因煤氣加價影響被去年下半年基數效應減弱,且美國關稅帶來的緊急訂單亦將可能消失。該行亦料煤氣內地售氣量將按年增長1%至2%,未能符合指引的5%增長,並導致下月公布中期業績時向下修訂。 該行本港公用股首選為長江基建(01038.HK)及電能實業(00006.HK),基於Northumbrian Water業務受惠下月的監管重設,英鎊兌美元升值或引發市場上調盈利預測,該行料長江基建及電能實現上半年淨利潤增長單位數。此外,潛在併購將為正面催化劑。
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