《大行》中金:遠東宏信(03360.HK)上半年業績符預期 升目標價至8.8元
中金研究報告指,遠東宏信(03360.HK)上半年業績符該行預期,收入按年跌4%至173.4億元人民幣(下同),歸母淨利潤按年升4%至21.6億元,對應年化股本回報率(ROE)按年升17個百分點至8.66%。
該行指,公司中期派息比率按年升4個百分點至50%,每股派息維持25港仙,增長慢於利潤增速,因可轉債轉股攤薄影響。而公司在不確定性的環境下,業績及分紅整體穩健,當前股息率仍具較高吸引力;維持「跑贏行業」評級,考慮到市場資金偏好,上調目標價10%至8.8港元。
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