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《大行》星展升金蝶國際(00268.HK)目標價21.7元 維持「買入」評級
星展發表研究報告指,金蝶國際(00268.HK)上半年整體業績略低於市場預期。期內收入按年增長11.2%,符合預期;淨虧損收窄至9,800萬元人民幣。根據管理層的指引,該行有信心其可於全年錄得盈利。然而,公司必須在下半年錄得盈利2.61億元人民幣,才能達到該行之前預測的全年盈利1.63億元人民幣,而這似乎極具挑戰。 該行下調金蝶國際2025及26財年的盈測17%和3%,分別至1.35億及2.43億元人民幣,以反映上半年盈利能力較低及人工智能研發開支可能上升。 該行表示,隨着經濟持續復甦,人工智能應用的採用將促進雲端業務的增長,維持公司「買入」評級,目標價由19.2港元上調至21.7港元。
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