汇丰发表研究报告指，中外运(00598.HK) 2024财年第三季业绩疲弱。当中，经常性利润按年跌11%至7.89亿元人民币，按季则跌24%；年化股东权益回报率为8.2%；息税前利润按年跌18%至1.3亿元人民币，按季跌73%。
汇丰解释，中外运持续疲弱的表现主要受累于海运和空运货运量下降，按季分别跌17%及32%；合资企业及联营公司利润份额按年跌18%，按季跌4%；以及利息成本增加拖累净利润等因素。该行预期，今年第四季度航空货运旺季将较为淡静，同时将中外运2024至2026财年的利润预测下调6%至8%，以反映空运、海运及跨境电子商务物流量下降，以及海运运费下降的因素。
鉴于物流同业对今年第四季度的展望疲弱，故预测中外运联营企业及合资公司的利润将较弱。该行同时上调对中外运的财务成本估计，但部分被较低税收假设所抵销。考虑上述因素，汇丰将中外运H股目标价由3.7元下调至3.2元，评级由“持有”降至“减持”。(js/da)(港股报价延迟最少十五分钟。沽空资料截至 2024-10-28 16:25。)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.