裕元集团 (551 HK; 10.58港元; 目标价: 19港元) 一季度盈利预警裕元集团发布了2025年第一季度盈利预警,预计归属股东净利润不少于7,500万美元,意味着同比最高下降25%,较市场一致预期9,900万美元低24%。毛利率的大幅下降主要由主要客户因关税影响导致的订单不稳定所致,其他因素包括加班和外包成本增加,以及员工数量和工资增长。此情况与管理层在年初业绩会上给予的上半年毛利率压力...
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