建滔积层板:2025H1业绩有望回升 2025H2持续性仍需跟踪

开源证券
09 Apr

2025H1 业绩有望受益量价齐升,2025H2 业绩持续性仍需跟踪考虑到贸易摩擦升温加剧铜价不确定性、公司新增产能折旧影响、发力高端覆铜板业务,我们将2025-2026 年归母净利润预测由27.0/29.0 亿港元下调至19.8/22.1亿港元,并新增2027 年预测30.3 亿港元,同比增长48.3/11.8/36.9%,当前市值分别对应2025-2027 年11.3/10.2/7.4 倍PE...

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