本报告导读:2024 年收入符合预期、利润超预期,每股中期+年度派息0.46 港元、并承诺派息额稳中有增。2025 年卷烟业务有望贡献一定弹性,中长期通过收并购实现跨越式发展。投资要点:投资建议:公 司2024年归母净利润同比+42.6%超预期,上调2025-2026 年EPS 至1.40 港元(前值1.30 港元)、1.58 港元(1.52 港元),给予2027 年EPS 1.75 港元,维持...
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